1936 - The Company was incorporated as a private limited company on
29th September, to take over the business of H. B.
Company Ltd. and of Herbert Son and Company (Calcutta)
Company was initially engaged in the import and
liquor and foodstuffs such as Black and White whiskey,
Beer, Kraft Cheese, Plumrose Foods and Peek Frean
well as old spice toiletries.
1969 - D&P Products Pvt. Ltd., a processed food unit manufacturing a
range of processed foods like jams, squashes, tomato
canned fruits was amalgamated with the company.
1974 - The Company launched its own brand of liquor Honey Bee
Bag Piper whisky, Royal Treasures White Rum, Romanov
High Society Gin.
1991 - The UB - MEC Batteries Ltd. was amalgamated with the company
under the provisions of the Industrial Reconstruction
India Act, 1984 with retrospective effect from 1st July
- 41,32,273 equity shares and 6,535 9.3% Pref. shares
subscribed and paid-up.
1992 - The turnover of the company amounted to Rs 138.27 crores.
performance of the company was satisfactory despite
from foreign liquors.
- Bombay Breweries Ltd. (BBL), a subsidiary of UB Ltd.,
amalgamated with the company with restrospective effect
April. The members of the erstwhile BBL were allotted
equity shares of Rs 10 each pursuant to the scheme of
- The company undertook to implement brewery project at
- 2,50,050 equity shares pursuant to scheme of
40,42,150 equity shares issued on conversion of the
- In February, the company issued 3,60,000 - 15% secured
partly convertible debentures of Rs. 300 each through
of which 18,000 debentures were offered to the employees
9,940 debentures taken up). The remaining 3,42,000
along with 8,060 debentures not taken up by employees
offered to the public. All were taken up. Additional
debentures were allotted to retain oversubscription.
- Part A of Rs 75 of each debenture was to be converted
equity shares of Rs 10 each at a premium of Rs 5 per
share on the
date of allotment of debentures. Accordingly, 20,70,000
shares were allotted in April.
1993 - The turnover marginally declined to Rs 137.38 crores due to
increase in the prices of molasses and rectified spirit
decontrol in May 1993 coupled with transporters strike
- 6,535, 9.3% CR Pref. shares redeemed during the year.
shares re-issued on forfeitures.
1994 - The turnover rose significantly to Rs 224.22 crores despite
continued prohibition in Andhra Pradesh. The Company
launched Herbertsons Indian Salute a new whisky in the
segment. The company has taken up the distribution of a
brand of scotch whiskey - VAT 69.
- The Company Brewery undertaking at Taloja commenced
production in the first quarter of the year.
- BDA Ltd. became a wholly owned subsidiary of the company
1995 - Kalayani Black Label premium strong beer was launched.
- 1,000,000 equity shares allotted pursuant to scheme of
amalgamation on conversion of 14% FCD's allotted to the
of the erstwhile Sona Distilleries Ltd.
1996 - The turnover declined to Rs 188.83 crores due to continued
prohibition in Andhra Pradesh and introduction of
- The Brewery Project was transferred to United Breweries
- 10,00,000 equity shares were allotted on conversion of
convertible of fully convertible debentures. Each
was converted into 5 equity shares of Rs 10 each at a
of Rs 5 per share with effect from 11th August 1995.
1997 - The sales volume grew by 28%, while turnover declined to
Rs 151.19 crores from Rs 188.83 crores in the previous
Company's premier brand Bagpiper Whisky recorded 30%
during the year.
2000 - Herbertsons Ltd. India's third largest spirits company
launched Bagpiper rum.
2001 - The Company has launched a new brand of brandy called Joie de
Franc', in the
- The Company has launched the Honey Bee Premium Brandy with
packaging in Tamil Nadu.
- The Mumbai High Court September 28 ruled that Herbertson
vice-chairman Kishore Chhabria's additional 21 per cent stake in
Herbertson which he picked up from the market was void
-Mr KR Chhabria and Mr MD Chhabria (The acquirers), along with
persons acting in concert (PACs) had made an open offer (the offer)
to the shareholders of Herbertsons Ltd (HL) pursuant to SAT order
dated August 1, 2003 to acquire from them upto 1904465 equity shares
(representing 20% of the paid up share capital of the HL).
-Mr. Vijay Mallya increases his holding in the company by 7.11% from
28.55% to 35.66%