November 15, 2019

Mohan Meakin Q2 -2020 Results-Profit Dips

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 https://www.mohanmeakin.com/images/Qtr_Financial_results_Sep_2019.pdf

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OLD POST


Mohan Meakin Q2 ( 2018 ) Results

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OLD POST

September 16, 2017


Mohan Meakin- Annual Report 2016-17

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AGM on 29/11/17 at 11 am at Solan Brewery ( Himachal Pradesh )


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CORPORATE HISTORY
We trace our history back to the establishment of a Brewery at Kasauli by Edward Dyer in 1855. He was the India’s brewing pioneer who brought to this sun-drenched land of ours the bliss of a real thirst quencher – the modern beer, to refresh and pep up a people hanging over in sweltering clime that is so peculiar to this part of the World. He realized for the first time that there were a few spots on earth where a really good drink was more welcome.
But, in his flush of enthusiasm he had set before himself such a big task of quenching the thirst of a nation as obviously could not be expected to reach fulfillment by his one, howsoever efficiently working brewery at Kasauli. Consequently, with ardourous zeal he scaled the whole width of this subcontinent and established breweries and distilleries at Simla, Solan, Lucknow and Mandalay (Burma).
During the same century, another enterprising man, named H.G. Meakin, coming from a well known brewing family of Burton-on-Trent where he was trained, came forward with enviable enthusiasm and founded Meakin & Co. Ltd. He bought the old Simla and Kasauli Breweries and built others at Dalhousie, Ranikhet, Chakrarta, Darjeeling and Kirkee.
Both these firms E. Dyer & Co., and Meakin & Co. Ltd., continued doing business separately up till after the second decade of the 20th century. During the first World War (1914-18), when it was a big job to import beer, the two firms quenched the hugely increased thirst of India with superb beer at a rock-bottom price. Vast quantities of Malted Barley were sent to Egypt, to help keep soldiers’ beer at a reasonable price.
Following these successes, the two firms joined hands and started a new joint stock venture under the style of Dyer Meakin & Co.Ltd. Brewing was suspended at the Kasauli Brewery and a latest brewing and bottling plant was installed at conveniently placed Solan. Extensive malting at Kasauli were, however, continued in operation. There are few places on earth where the water is ideally suited to brewing. Solan is one. Those who fancy the hill-climb would like to see our famous springs high up on Karol Mountain, far from everything, a lovely lookout, with the source of crystal clear spring water that drew our pioneer to Solan.
With the times, as modern scientific progress made it possible to augment production several times with the latest machinery, the unproductive centres were closed down one by one retaining distilleries at Kasauli and Lucknow and brewery at Solan (Simla Hills) ; all the three centres enormously expanded to meet any expected demand.
During the World War II, Solan Beer played its valuable part by keeping the soldiers of the allied nations in perfect pep and cheer. After the War, all manufacturing plants at Solan, Kasauli and Lucknow were replaced by the new latest automatic ones.
With these improvements in production plans we invite our patrons to compare our products with the best of their imported counterparts and choose the better – Dyer Meakin’s. You see these are now nation’s own.
In 1935 when Burma was dismembered from India the name of the Company with Indian assets and liabilities was changed to Dyer Meakin Breweries Ltd., from Dyer Meakin & Co. Ltd., and the assets and liabilities of Burma Brewery in Burma were separated. Thereafter the Company’s name was changed from Dyer Meakin Breweries Ltd., to Mohan Meakin Breweries Ltd., w.e.f. 1.11.1966 and from 24.4.1980 the name was further changed to Mohan Meakin Ltd., and as such the Company is now known as Mohan Meakin Limited.
Year 1949 saw a dynamic transformation in the fortunes of the Company, with late Padamshree N.N. Mohan at the helm of affairs. With his far-sightedness he set up big industrial hub near Ghaziabad (U.P.) known as Mohan Nagar by establishing there various manufacturing Units namely Brewery, Distillery, Malt Houses, Glass, Ice, Break-fast Food, Fruit Products and Juices, Malt Extract factories, Cold Storage and Mohan Engineering Works etc. and there has been no looking back since then.
The Company’s remarkable performance is not limited to liquor, its business interests are manifold. Turning foresight into reality is the Fruit juices, Breakfast Foods, Mineral Water and Glass Factory – a strategic diversification to further re-inforce its business interests.
His eminent successors have borne the mantle with elegance. Instilling upon the Company the strength of purpose, corporate values and a sense of direction, they have reached new heights. Aptly mirrored in Mohan Meakin’s swift march towards progress and its phenomenal growth.
The Challenges of the present are ably met by Padamshree Brig. (Dr.) Kapil Mohan, VSM (Retd.) Ph. D., under his stewardship, the group rechristened as Mohan Meakin Limited, undertook major diversification with 3 distilleries in India and 2 breweries and a host of franchises. A multi-faceted business house with a turnover exceeding INR 400 crores, Mohan Meakin stands for growth, innovation and care.

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It appears some shares of Mohan Meakin are available with Rare Indian Shares .  (Please Recheck this ).

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Mohan Meakin shares ( which are Rs. 5 paid up ) are , presently , listed at Calcutta Stock Exchange which Exchange is Non Operational


Calcutta Stock Exchange-List of Companies


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Is Calcutta Stock Exchange officially closed or not ?

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SEBI Should Declare Calcutta Stock Exchange as CLOSED , to help Investors.
.Shares which are Exclusively Listed Companies ( ELC s ) in Closed Regional Stock Exchanges have to either Relist ( in BSE/NSE ) or Delist ( by making an Buy Back Offer to Non Public Shareholders ).

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General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has  holdings in this Company So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer

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