Guess this once listed company on the stock exchanges!

@Sushant @ravishahane @amit @Champion_Trader @Vishaln1 @Aadi guessed it right! Please check your DMs for a surprise!

The company is Mohan Meakin.

Here goes the story:

In 1855, Edward Abraham Dyer, a Scottish entrepreneur and father of Colonel Edward Harry Dyer, infamous for the Jallianwala Bagh massacre, established a brewery in Kasauli, Himachal Pradesh, to meet the British demand for economical beer. Over time, this brewery transformed into a distillery known as Mohan Meakin.

In the 1960s, Ved Rattan Mohan, former managing director of Mohan Meakin, introduced Old Monk rum to India. The rum was named in tribute to Gumnami Baba, an elderly monk mistakenly believed to be Netaji Subhash Chandra Bose in disguise.

Old Monk rapidly gained popularity, becoming one of the worldโ€™s leading dark rums and a top-selling Indian-Made Foreign Liquor (IMFL) brand in the country. Its affordability contributed significantly to its success. At its peak, Old Monk dominated the rum market, selling approximately eight million bottles annually. However, its market share has declined from 15% in 2004 to around 4% in 2019.

It was listed on Delhi and Calcutta stock exchanges and had plans to list on NSE eventually.

Interestingly, Old Monk stands alone as the sole alcoholic brand boasting a dedicated fan club, affectionately known as COMRADES โ€” the Council of Old Monk Rum Addicted Drinkers and Eccentrics.

Here is the complete narration of the history of Mohan Meakin - https://youtu.be/WpqJrM6jq0s?si=WrUaNHQkL31-FF_V

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