[the_ad_group id=”1083″] He replaces Nick Blasquez, who has left ABD Private to pursue other professional interests. Allied Blenders & Distillers, is pleased to announce the appointment of Shekhar Ramamurthy as the Executive Deputy Chairman of the company with effect from the 1st of July 2021. He replaces Nick Blasquez, who has left ABD Private to…
[ad_1] MUMBAI: The Debt recovery Tribunal today sold 11.35 million shares of at Rs. 630.9 apiece through a bulk deal on the BSE.In late June, the Tribunal had sold 39.64 million shares of the company to Heineken B.V. to recover Rs. 5,824 crore owned by fugitive businessman Vijay Mallya. In another transaction, Trustline Deep Alpha…
Recovery Officer Debt Recovery Tribunal on Friday offloaded shares worth over Rs 716 crore in United Spirits Ltd, through an open market transaction. Bulk deal data on the BSE showed that Recovery Officer I DRT II sold over 1.13 crore shares at an average price of Rs 630.93 apiece. This translated into a total deal…
[ad_1] Radico Khaitan Limited has informed that the ESOP Compensation Committee on 13th July 2021 has allotted 80,000 equity shares of Rs2/- each to the eligible employee upon excercise of stock options under the Employees Stock Option Scheme 2006 of the Company. The paid-up equity share capital of the company, post allotment is 13,36,73,765 equity…
[ad_1] India Glycols Ltd. is looking to leverage its value-added chemicals businesses and wean away from its commoditised products portfolio in a bid to shore up its margins and reduce the impact of commodity cycles.The chemicals maker is betting big on its liquor and nutraceuticals businesses, as well as other value-added specialty chemicals. “The strategy,…
Sales rise 1704.84% to Rs 11.19 crore. Net profit of Radico Khaitan Finance declined 69.72% to Rs 0.33 crore in the quarter ended March 2021 as against Rs 1.09 crore during the previous quarter ended March 2020. Sales rose 1704.84% to Rs 11.19 crore in the quarter ended March 2021 as against Rs 0.62 crore…
[responsivevoice_button voice=”Hindi Female” buttontext=”Listen to Post”] While the Government has declared the use of flex fuel to be made mandatory, Rawmatt is aligning its vision with the Government and focusing on implementing flex-fuel engines. Rawmatt is exploring ways to add ethanol distribution through its network of pumps. On 30th December 2020, the Union Cabinet chaired…
Vijay Mallya is on the verge of losing his final contact with United Breweries, the company he inherited when his father Mittal died suddenly in 1983. UB then became the base on which he built his fortune. Following its purchase of a further tranche of shares in the court ordered sale of Mallya’s assets, Heineken…
[the_ad_group id=”1083″] New Delhi: RockClimber, an alcoholic beverage brand, has raised $1 million from angel investor Anand Prakash Sharma in a pre-Series A funding round.“The majority of funds to be utilised for working capital,” Deepak Poduval, co-founder of RockClimber said. The company, which has a franchise of crafted wine cooler-alcoholic beverages, mixers and other wine-based…
[ad_1] Ethanol, also termed as Ethyl alcohol, is an organic compound that is used for manufacturing drugs, liquors, cosmetics, polishes, plastics, fuel, etc. The Government of India came forward with its target to promote ethanol-blended auto fuel in the next five years and increase domestic production of Ethanol for the same. KBJ Group has stepped…