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Khoday India Ltd. Company History and Annual Growth Details

YEAR EVENTS
1965 - The Company was Incorporated as a private limited company on
September 28. It became a deemed public limited company under
Section 43A of the Act and the Certificate of Incorporation was
amended to this effect by the Registrar of Companies, Karnataka
on 22nd October, 1980. The Company was promoted by the House
of Khodays who are one of the leading and reputed Industrial
Groups in South India.

- The Company's object is to manufacture Indian Made Foreign
Liquors (IMFLs); electronic items, engineering items and
fabrication of plant and machinery for distilleries, breweries,
pharmaceuticals and dairies; sugar and polyester fibre. The
Company also undertakes civil construction work.

- The Company is engaged in the manufacture of Indian Made Foreign
Liquors such as Malt Whisky, Gin, Brandy and Rum. It
successfully erected and commissioned a distillery at Bangalore.

1967 - It introduced the 'Red Knight Malt Whisky' bringing to the Indian
consumer for the first time a liquor comparable to international
standards.

1969 - The prestigious 'Peter Scot' Malt Whisky was introduced, which
was also well received in the market. The Company has since
then introduced several other brands of whisky like 'Prince
Phillips' and 'Democrat'.

- The Company also manufactures and markets Rum under the brand
names of 'Hercules XXX' and 'Sea Pirate XXX' and brandy under the
brand names of 'Constantino' and 'Honeywell'.

- The Company has diversified its activities by setting up
Engineering Division and Electronics Division. The engineering
Division is involved in the manufacture of product engineering
items and fabrication of plant and machinery for distilleries,
breweries, pharmaceuticals and dairies and also civil
construction activity. The Electronic Division is engaged in the
manufacture of equipment for geo-physical investigations.

- The Company had taken up an expansion of its sugarcane crushing
capacity which was in progress during 1991-92 despite some
setbacks.

- The Company markets its products through a network of
distributors all over the country and sales depots at Delhi,
Jaipur and Ghaziabad. Supplies to Defence Ministry, which
account for a major portion of the Company's annual turnover, is
made directly by the company.

1985 - Equity shares of Rs.1000 each were sub-divided into shares of
Rs.10 each on 30.11.1985. 1,00,000 rights shares issued at par
in prop. 2:1 on 29.1.1986. 34,50,000 bonus shares issued in
prop. 23:1 on 5.6.1986.

1986 - During July, the company issued 24,00,000 No. of equity shares at
a prem. of Rs.10 per share linked to 4,80,000 - 15%
non-convertible debentures of Rs.100 each (prop. 20 debentures to
100 equity) out of which the following shares and debentures
were reserved and allotted on a pref. basis:

- (i) 1,20,000 No. of equity shares linked to 24,000 debentures to
employees (including working Indian directors)/workers of the
company and employees of associate companies;

- (ii) 48,000 No. of equity shares linked to 9,600 debentures to
business associates of the Company and

- (iii) 9,60,000 No. of equity shares linked to 1,92,000 debentures
to non-resident Indians on repatriation basis. The balance
12,72,000 No. of equity shares linked to 2,54,400 debentures
were offered for public subscription during July-August.

- These debentures are redeemable at par in two equal instalments
at the end of 7th and 8th year from the date of allotment.

- The objects of the public issue of shares and debentures during
July were:

- (i) to meet the requirements of long term funds for capital
expenditure schemes and working capital and

- (ii) to get the company's shares listed on recognised stock
exchanges.

- 24,00,000 shares issued at a prem. of Rs.10 per share linked to
debentures out of which the following shares linked to debentures
were reserved and allotted on pref. basis:

- (i) 1,20,000 shares to employees (including working Indian
directors)/workers of the Company and employees of associate
companies;

- (ii) 48,000 shares to business associates of the company and

1989 - 30,00,000 Bonus shares issued in prop. 1:2.

1992 - The name of the company was changed from Khoday Distilleries Ltd,
to Khoday India Ltd. effective from 14th February.

1994 - The Company considered rights issue of fully convertible
debentures in the ratio of one debenture for every two shares
held.

1995 - 44,57,000 No. of equity shares of Rs.10 each issued at a prem.
of Rs.20.70 per share to promoters, directors etc. on pref.
basis.

2000 - The Company has decided, subject to necessary approvals, for
amalgamation of Manaylux Papers and Boards Pvt. Ltd. with the
company. One equity share of the company will be allotted for
every eleven eequity shares of MPBPL held.

2001 - Khoday India Ltd has decided to buy back 25 per cent of its paid-up equity
during the current financial year.

2002-Khoday India Ltd has informed BSE that the following Directors have resigned from the Board of Directors of the Company with effect from March 30, 2002:Sri K R Nithyanand Wholetime Director.Sri K H Gurunath wholetime Director. Sri K H Srinivas Director. Sri K P Ghanshyam Director. Sri K S Giridhar Director.

2003
-Khodayss Systems mearged with the Khoday India

2005

-The Hyderabad-based cash rich liquor distributor, Mr Harminder Singh Bagga, and his family, has signed a memorandum of understanding with the House of Khodays giving them the rights to use the liquor assets of Khodays on an 18-year lease.

2007

-Khoday India Ltd has appointed Mr. D V Tikekar as Additional Director of the Company in the Board Meeting held on January 31, 2007.
 
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