Monika Alcobev Strengthens Board with New Independent Directors and Committee Restructuring

1 min read     Updated on 24 Nov 2025, 06:13 PM
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Reviewed by
Naman SScanX News Team
Overview

Monika Alcobev Limited has appointed two new Non-Executive Independent Directors, Mr. Samir Kumar Das and Mr. Ghanshyam V Vyas, effective November 24, 2025, for a five-year term. The company has also reconstituted its key committees, including the Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee. These changes aim to enhance corporate governance and bring fresh perspectives to the company's decision-making processes.

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

Monika Alcobev Limited , a key player in the alcobev industry, has announced significant changes to its board composition and committee structure, reinforcing its commitment to robust corporate governance.

Board Appointments

The company has appointed two new Non-Executive Independent Directors:

  1. Mr. Samir Kumar Das (DIN: 09645179)
  2. Mr. Ghanshyam V Vyas (DIN: 11386659)

Both appointments are effective from November 24, 2025, for a term of five consecutive years, subject to shareholder approval.

Director Profiles

Mr. Samir Kumar Das

  • 57 years old
  • 26+ years of leadership experience in financial services
  • Expertise in governance, corporate and SME risk and credit, stressed asset management
  • Insolvency Professional and Certified Associate of the Indian Institute of Banking & Finance (CAIIB)

Mr. Ghanshyam V Vyas

  • 67 years old
  • Chartered Accountant with over 40 years of post-qualification experience
  • Extensive experience in statutory and internal audits for various entity types
  • International audit experience in Mauritius and Nigeria

Committee Reconstitution

In light of these appointments, Monika Alcobev has reconstituted its key committees:

Committee New Structure
Audit Committee - Ms. Jagruti Sheth (Chairperson)
- Mr. Ghanshyam V Vyas (Member)
- Mr. Samir Kumar Das (Member)
Nomination & Remuneration Committee - Mr. Ghanshyam V Vyas (Chairman)
- Ms. Jagruti Sheth (Member)
- Mr. Samir Kumar Das (Member)
- Mr. Prasannakumar Gawde (Member)
- Mr. Bhimji Patel (Member)
Stakeholders Relationship Committee - Mr. Samir Kumar Das (Chairman)
- Ms. Jagruti Sheth (Member)
- Mr. Ghanshyam V Vyas (Member)
- Mr. Bhimji Patel (Member)
Corporate Social Responsibility Committee - Mr. Bhimji Patel (Chairman)
- Mr. Kunal Patel (Member)
- Mr. Samir Kumar Das (Member)
- Ms. Jagruti Sheth (Member)

These changes reflect Monika Alcobev's dedication to maintaining a balanced and experienced board, capable of providing strategic guidance and ensuring compliance with regulatory requirements.

The restructuring of committees, particularly the inclusion of the new independent directors in key roles, is expected to bring fresh perspectives and strengthen the company's decision-making processes.

Historical Stock Returns for Monika Alcobev

1 Day5 Days1 Month6 Months1 Year5 Years
+0.08%-2.82%-11.93%-22.17%-16.32%-16.32%

Monika Alcobev Reports 100% Revenue Growth in Half-Year Results

2 min read     Updated on 07 Nov 2025, 02:09 AM
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Reviewed by
Radhika SScanX News Team
Overview

Monika Alcobev Limited, an alcohol and beverages company, announced strong financial results for H1 FY2026. Revenue from operations doubled to ₹16,874.10 lakhs, while net profit increased by 81.86% to ₹907.00 lakhs. The company completed its IPO, issuing 47,91,200 equity shares at ₹286 per share and listing on the BSE SME Platform on July 23, 2025. The IPO raised ₹13,985.56 lakhs, with ₹8,919.27 lakhs utilized and ₹3,066.29 lakhs remaining. Share capital increased to ₹2,145.00 lakhs, and reserves and surplus grew to ₹20,288.85 lakhs.

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

Monika Alcobev Limited , a player in the alcohol and beverages sector, has announced its unaudited financial results for the half-year ended September 30, 2025, showcasing significant growth in revenue and profitability.

Financial Highlights

Particulars (₹ in Lakhs) Half Year Ended Sept 30, 2025 Half Year Ended Sept 30, 2024 % Change
Revenue from Operations 16,874.10 8,431.35 100.14%
Net Profit 907.00 498.74 81.86%

Monika Alcobev reported a substantial increase in revenue from operations, reaching ₹16,874.10 lakhs compared to ₹8,431.35 lakhs in the same period last year, representing a growth of 100.14%. The company's net profit also saw a significant rise, increasing to ₹907.00 lakhs from ₹498.74 lakhs in the previous year, marking an 81.86% growth.

Initial Public Offering (IPO)

A key development for Monika Alcobev was the completion of its Initial Public Offering (IPO). The company issued 47,91,200 equity shares at ₹286 per share and successfully listed on the BSE SME Platform on July 23, 2025. This move has significantly strengthened the company's financial position:

  • Share capital increased to ₹2,145.00 lakhs from ₹1,665.88 lakhs
  • Reserves and surplus grew substantially to ₹20,288.85 lakhs from ₹7,935.04 lakhs

Operational Performance

The company's operational performance showed notable changes:

  • Inventories increased to ₹19,682.34 lakhs from ₹14,942.06 lakhs

IPO Proceeds Utilization

Monika Alcobev raised ₹13,985.56 lakhs through its IPO. As of the reporting date:

  • ₹8,919.27 lakhs have been utilized
  • ₹3,066.29 lakhs remain unutilized

Outlook

The substantial revenue growth and increased profitability suggest that Monika Alcobev is experiencing strong demand in the alcohol and beverages segment. The successful IPO and subsequent listing on the BSE SME Platform have provided the company with additional capital to support its growth strategies.

Investors and market observers will be keen to see how Monika Alcobev leverages its strengthened financial position and public listing status in the competitive alcohol and beverages market.

Historical Stock Returns for Monika Alcobev

1 Day5 Days1 Month6 Months1 Year5 Years
+0.08%-2.82%-11.93%-22.17%-16.32%-16.32%

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1 Year Returns:-16.32%