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तिलकनगर इंडस्ट्रीज > कंपनी इतिहास > Breweries & Distilleries > कंपनी इतिहास का तिलकनगर इंडस्ट्रीज - बीएसई: 507205, NSE: TI

तिलकनगर इंडस्ट्रीज

बीएसई: 507205  |  NSE: TI  |  ISIN: INE133E01013  |  Breweries & Distilleries

कंपनी इतिहास - तिलकनगर इंडस्ट्रीज
YEAR                       EVENTS
 1967 - The Company was Incorporated on 18th December, under the name
        of Maharashtra Radio & Electronics Ltd.  It was promoted by
 the
        Maharashtra Sugar Mills Ltd., as its wholly owned subsidiary
 to
        carry on the manufacture of transistor radios and television
        sets.
 
      - Due to recessionary trend in the electronics industry, the
        company took over the non-sugar activities and properties of
 the
        Maharashtra Sugar Mills Ltd. (MSM), with effect from 1st
 October
        1973.  The name was changed to the present one on 20th
 September
        1973.
 
      - The Company's object is to manufacture Indian made foreign
 liquor
        country liquor, industrial alcohol, chemicals, sugar cubes,
        confectionery, etc.
 
 1974 - The company ceased to be a subsidiary of MSM from 27th
 September.
 
 1975 - The Company undertook to set up a chemical division at
 Tilaknagar
        initially for the manufacture of alcohol based chemicals.
 
      - The Company undertook the modernisation of the distillery
 plant.
        The installation of a new analyser and rectification columns
        along with necessary balancing equipment in the chemical
 division
        neared completion.
 
      - After having brought diethyl oxalate under licencing
 regulation
        of the Industries Development and Regulation Act, Government
        permitted the company to manufacture 250 tonnes per annum of
        diethyl oxalate.  Steps were taken to achieve the licenced
        capacity.
 
 1979 - 50,530 shares issued to Maharasthra Sugar Mills Ltd. with
 payment
        in cash.
 
 1981 - 63,320 shares issued to the public (prem. Rs.10 per share).
 
 1982 - Profits however, declined due to increase in costs without
 any
        corresponding increase in selling prices.
 
      - The Company concluded an arrangement with a Nagpur distillery
 for
        bottling by them the company's MASTERS range of IMFL
 products.
 
 1983 - The margins were adversely affected due to difficult market
        conditions and continued cost escalation.
 
      - The performance of the potable liquor division was not
        satisfactory due to slackness in demand.  The CLASSIC extra
        fine whisky which was introduced in the previous year met
 with
        good demand.
 
      - The Company also launched MANSION HOUSE range of whisky,
 brandy
        and gin produced under the technical advise of B.V. Utomji,
        Holland.
 
 1984 - The distillery division, however suffered a setback with 
        production and sales declining due to uncertainty in getting 
        timely allotment of molasses.  Production of country liquor
 fell
        but turnover was higher due to upward revision of country
 liquor
        prices, from May.
 
 1985 - Production of the country liquor was lower due to increased
 use
        of the available alcohol for the manufacture of IMFL
 products.
 
 1986 - Production of country liquor declined due to a sharp increase
 in
        the excise duty at Maharashtra and diversion of molasses by
 the
        company for the manufacture of IMFL products that fetched
 better
        returns.
 
      - The distillery division suffered a further set back on
 account
        of non-availability of molasses due to drought in Ahmednagar
        district and increase in input costs.
 
      - The oxalic acid plant remained inoperative for most part of
 the
        year due to technical problems.
 
      - The Company concluded three more similar bottling
 arrangements
        to effectively meet the demand for the company's products and
 the
        new units commenced production during the year.
 
 1987 - Though turnover of the potable liquor division increased to 
        Rs.6.35 crores, the profitability of the division was
 adversely
        affected due to introduction of new duty at Rs.1.50 per B.L.
 for
        transfer of alcohol from the distillery to the portable
 liquor
        plant and the country liquor plant, increase in export fee to
        Rs.2 per B.L. and increase in import fee on IMFL products.
 
      - The operations of the distillery division were adversely
 affected
        due to non-availability of water as a result of drought and
 also
        due to inadequate availability of molasses.
 
      - The performance of the chemical division was not satisfactory
 due
        to sluggish demand for the unfavourable pricing of diethyl
        oxalate.
 
      - The Company concluded one, more external bottling arrangement
 
        with Ravier Distilleries Ltd., Gwalior Madhya Pradesh.
 
      - 2,75,000 bonus shares issued in prop. 1:1.  Authorised
 capital
        increased.
 
 1988 - Operations of the chemicals division became uneconomical due
 to
        non-availability of oxalic acid in the local market at a fair
        price.
 
      - As a measure of diversification, the company took over from
        Maharashtra Sugar Mills Ltd., its glass bottle manufacturing 
        plant as a going concern along with the assets and liabilities
 of
        the division with effect from 1st February.
 
 1989 - A new brand of whisky RED STRIPE WHISKY was introduced.
 
      - Performance of the glass division was satisfactory due to
        recommissioning of the furnace and completion of the 
        modernisation plan.
 
      - 2,75,000 rights equity shares allotted for cash at par in
 prop.
        1:2.
 
 1991 - Sales turnover declined due to total suspension of production
 in
        glass unit from August, owing to its uneconomic working.
 
      - A Bio-Methanisation plant for primary treatment and disposal
 of
        distillery effluent was being installed.
 
      - The Company had reached an understanding with Altair, France,
 for
        manufacture of `Courier Brandy' in their distillery, subject
 to
        the approval of the Government of India, RBI and other 
        authorities.  The French collaboration will be providing 
        technical know-how, supply necessary plant and equipment,
 train
        the company's technical personnel in France and permit the
        company to use their brand name `Courier Brandy' for domestic
        and export sales.  As a lumpsum consideration, the company 
        proposed to issue and allot to the collaboration 75,000 No.
 of
        equity shares of Rs.10 each at par for consideration other
 than
        cash.
 
 1992 - The Company had given on lease its glass bottle manufacturing
 
        unit to Ramnath Glass Containers Pvt. Ltd. for 10 years with 
        effect from 20th March.
 
 2005
 -Tilak Nagar Industries Ltd Issues Rights in the Ratio of 1:2
 
 2009
 
 -Tilak Nagar Industries has given the Bonus in the Ratio of 2:1
 
 --Registered Office of the Company has been shifted from 3rd Floor,
 Industrial Assurance Building, Churchgate, Mumbai - 400020 to P.O.
 Tilaknagar, Tal. Shrirampur, Dist. Ahmednagar, Maharashtra - 413720
 
 2010
 
 -Tilak Nagar Industries has given the Bonus in the Ratio of 2:1
 
 2011
 - Tilaknagar Industries Ltd. wins trademark battle in Bombay High
 Court.
 -Tilaknagar Industries Ltd announces the appointment of Mr. Laxmi
 Narasimhan as Deputy Managing Director.
 
 2012
 -Hockey Stars to Endorse Mansion House.
 -Tilaknagar Industries Ltd. awarded the Gold shield by ICAI for
 Excellence in Financial Reporting.
 -Tilaknagar Industries launches Seven Islands Vintage - Single Malt
 Scotch Whisky in London.
 
 2013
 -Tilaknagar Industries Ltd. Wins Prestigious CSD Award.
 -Tilaknagar Industries Ltd. to divest its stake in its subsidiary -
 Shivprabha Sugars.
 
 2014
 -Tilaknagar Industries acquires IFB Agros IMFL business.
 -Tilaknagar Industries Ltd. Appoints Mr. Vijay K Rekhi as Chairman
 and Mr. Ratneshwar Prasad as member of the Companys board of
 advisors
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `585 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `890 Cr की बिकवाली की
  • MARKET CUES : FIIs ने F&O में `483 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `172 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `151 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `388 Cr की बिकवाली की
  • CS ON BHEL : Outperform रेटिंग, लक्ष्य `88/Sh
  • CS ON CADILA HEALTH : Neutral रेटिंग, लक्ष्य `251/Sh
  • CS ON PIDILITE IND : Underperform रेटिंग, लक्ष्य `1245/Sh
  • MACQUARIE ON BHEL : Neutral रेटिंग, लक्ष्य घटाकर `58/Sh

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