Chambal Breweries Promoter Bharat Jhamnani Sells Entire 4.40% Stake

1 min read Updated on 19 Nov 2025, 06:42 PM

Reviewed by

Jubin VScanX News Team

Overview

Bharat Jhamnani, a promoter of Chambal Breweries and Distilleries Limited, has sold his entire 4.40% stake (329,500 shares) in an off-market transaction valued at Rs. 18,12,250. This sale marks a significant change in the company's ownership structure, with Jhamnani's stake reducing from 4.40% to 0%.

*this image is generated using AI for illustrative purposes only.

Chambal Breweries and Distilleries Limited , a company engaged in the trading of IMFL, Beer, and country liquor, has witnessed a significant change in its shareholding structure. Bharat Jhamnani, a promoter of the company, has completely divested his stake, signaling a major shift in the company's ownership.

Key Details of the Transaction

Seller: Bharat Jhamnani (Promoter)
Shares Sold: 3,29,500 equity shares
Stake Percentage: 4.40% of the company
Transaction Value: Rs. 18,12,250
Type of Transaction: Off-market

Impact on Shareholding

Aspect	Before Transaction	After Transaction
Bharat Jhamnani's Stake	4.40%	0.00%
Shares Held	3,29,500	0

This off-market transaction marks a complete exit for Bharat Jhamnani from the company's shareholding.

Significance of the Transaction

The sale of Bharat Jhamnani's entire stake represents a notable change in the company's ownership structure. As a promoter, Jhamnani's decision to fully divest his holdings may have implications for the company's future direction and management.

Market Impact

Investors and market watchers will likely be monitoring how this change in ownership might affect the company's operations, strategy, and market position in the competitive alcoholic beverage industry.

It's important to note that this transaction comes at a time when many companies in the sector are facing challenges due to various market and regulatory factors. The impact of this ownership change on Chambal Breweries and Distilleries Limited's performance and strategic decisions will be of interest to stakeholders in the coming months.

Read Next Article

Chambal Breweries Sets EGM for Key Leadership Changes and Remuneration Approval

1 min read Updated on 19 Nov 2025, 06:40 PM

Reviewed by

Naman SScanX News Team

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Overview

Chambal Breweries and Distilleries Limited has scheduled an EGM for December 12, 2025, to appoint new directors and approve their remuneration. Key appointments include Mrs. Meenal Shrirang Patwardhan as Managing Director and Chairman, Mr. Trevor Valentine Dsouza as Whole-time Director, and Mrs. Neha Shukla and Mr. Jay Kumar Shaw as Independent Directors. The proposed remuneration is Rs. 25,000 per month for executive directors and Rs. 20,000 per meeting for independent directors. This follows recent resignations of the Company Secretary and CFO. The company faces financial challenges with declining income and increasing losses, attributing issues to pricing pressures and government actions affecting IMFL and Beer retail outlets. Chambal Breweries plans to diversify into new product lines to revive growth.

*this image is generated using AI for illustrative purposes only.

Chambal Breweries and Distilleries Limited has announced an Extraordinary General Meeting (EGM) scheduled for December 12, 2025, to address significant corporate governance matters and leadership changes. The meeting, to be held at The Fern Jaipur Airport Plaza in Jaipur, Rajasthan, will focus on appointing new directors and approving their remuneration.

Key Agenda Items

Director Appointments

The company seeks shareholder approval for the following appointments:

Mrs. Meenal Shrirang Patwardhan as Managing Director and Chairman
Mr. Trevor Valentine Dsouza as Whole-time Director
Mrs. Neha Shukla and Mr. Jay Kumar Shaw as Independent Directors

Remuneration Approval

Shareholders will vote on the proposed remuneration structure:

Rs. 25,000 per month for the Managing Director and Whole-time Director
Rs. 20,000 per meeting as sitting fees for Independent Directors

Leadership Transitions

The EGM comes in the wake of recent leadership changes at Chambal Breweries. On November 18, 2025, the company announced the resignations of two key executives:

Mr. Lalit Modi stepped down from his position as Company Secretary and Compliance Officer.
Mr. Vinod Jhamnani resigned from his role as Chief Financial Officer (CFO).

Both executives cited pursuing alternate career opportunities as the reason for their departures.

Financial Context

The proposed leadership changes and remuneration structure are set against a backdrop of financial challenges for Chambal Breweries. The company's recent financial performance shows:

Particulars	FY 2024-25 (in lacs)	FY 2023-24 (in lacs)	FY 2022-23 (in lacs)
Total Income	8.95	11.04	10.71
Total Expense	17.27	31.36	21.36
PAT	-8.32	-246.75	-37.34
Paid-up Capital	748.88	748.88	748.88
Reserves and Surplus	-636.85	-628.53	-381.77

The company attributes its financial challenges to pricing pressures and government actions affecting IMFL and Beer retail outlets.

Future Outlook

Chambal Breweries has indicated plans to diversify into trading and retailing new product lines to revive growth and profitability. The company expects a gradual improvement in productivity and profits in the medium term, despite ongoing stress in the IMFL and Beer sector.

The upcoming EGM and proposed leadership changes appear to be part of the company's strategy to navigate current challenges and position itself for future growth.

Shareholders will have the opportunity to vote on these crucial matters, which could significantly impact the company's future direction and governance structure.