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 EGM Achieves 99.96% Shareholder Approval for Leadership Changes

2 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 successfully concluded its Extraordinary General Meeting with exceptional 99.96% shareholder approval across all five leadership resolutions. The company appointed Mrs. Meenal Shrirang Patwardhan as Managing Director & Chairman and Mr. Trevor Valentine Dsouza as Whole-time Director, along with two Independent Directors, demonstrating strong investor confidence in the new leadership structure.

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

Chambal Breweries and Distilleries Limited has successfully completed its Extraordinary General Meeting (EGM) held on December 12, 2025, with shareholders demonstrating overwhelming support for significant leadership changes and appointments. The meeting, conducted at The Fern Jaipur Airport Plaza in Jaipur, Rajasthan, resulted in unprecedented shareholder approval with 99.96% voting in favor of all five proposed resolutions.

Comprehensive Voting Results

The EGM witnessed exceptional shareholder participation with detailed voting outcomes across all resolutions:

Resolution:	Votes in Favor	Votes Against	Approval Rate
Remuneration Approval:	2,139,022	900	99.96%
Managing Director Appointment:	2,139,022	900	99.96%
Whole-time Director Appointment:	2,139,022	900	99.96%
Neha Shukla (Independent Director):	2,139,022	900	99.96%
Jay Kumar Shaw (Independent Director):	2,139,022	900	99.96%

Approved Leadership Structure

Shareholders unanimously approved the following leadership transitions, all effective from December 12, 2025, through December 11, 2030:

Position:	Director	Previous Role	New Designation
Managing Director & Chairman:	Mrs. Meenal Shrirang Patwardhan (DIN: 09000788)	Additional Executive Director	Managing Director & Chairman
Whole-time Director:	Mr. Trevor Valentine Dsouza (DIN: 07047196)	Additional Executive Director	Whole-time Director
Independent Director:	Mrs. Neha Shukla (DIN: 11230754)	Additional Independent Director	Independent Director
Independent Director:	Mr. Jay Kumar Shaw (DIN: 09627535)	New Appointment	Independent Director

Voting Process and Participation

The company implemented a comprehensive voting mechanism combining remote e-voting and physical polling. The e-voting process operated from December 9-11, 2025, while physical voting occurred during the EGM. Mrs. Shikha Rai, Partner of Mamta Binani and Associates, served as the scrutinizer to ensure fair and transparent proceedings.

Voting Details:	Figures
Total Shareholders:	6,063
E-mail Notices Sent:	4,243
Courier Notices Sent:	1,820
Physical Votes Cast:	2,136,071
Paid-up Share Capital:	₹7.49 crores

Remuneration Framework

The approved remuneration structure reflects the company's cost-conscious approach:

Role:	Monthly Remuneration
Managing Director:	₹25,000 per month
Whole-time Director:	₹25,000 per month
Independent Directors:	₹20,000 per meeting (sitting fees)

Financial Context

The leadership restructuring comes as Chambal Breweries navigates financial challenges in the IMFL and Beer sector. The company has indicated plans to diversify into trading and retailing new product lines to revive growth and profitability, expecting gradual improvement in productivity and profits in the medium term despite ongoing sector challenges.