SDBL

Aug 11 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• SOM DISTILLERIES AND BREWERIES JUNE-QUARTER CONSOL PROFIT 420.6 MILLION RUPEES

• SOM DISTILLERIES AND BREWERIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.85 BILLION RUPEES

Source text: [ID:]

Further company coverage: SDB.NS

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May 20 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• BHOPAL PLANT DISPATCHES UP BY OVER 32% Y/Y IN APRIL

Source text: ID:nNSE68k1Bm

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Feb 28 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• APPROVED RAISING OF FUNDS THROUGH ISSUE OF EQUITY SHARES

• APPROVES ISSUE OF 2 MLN SHARES AT 112 RUPEES EACH

Further company coverage: SDB.NS

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Nov 14 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• SOM DISTILLERIES AND BREWERIES SEPT-QUARTER CONSOL PROFIT 187 MILLION RUPEES

• SOM DISTILLERIES AND BREWERIES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.73 BILLION RUPEES

Further company coverage: SDB.NS

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July 26 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• SOM DISTILLERIES AND BREWERIES - PROPOSED CAPACITY ADDITION OF 4 MILLION CASES IN UNIT

Source text for Eikon: [ID:]

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** Shares of Som Distilleries and Breweries SDB.NS closed 2.8% higher at 117.69 rupees

** The liquor co said licence suspension on plant run by associate pvt firm was stayed by Madhya Pradesh High Court and normal operations have resumed

** Stock rose as much as 4.2% post the news and was trading flat earlier

** The Madhya Pradesh government temporarily suspended the licence after a child rights agency found children working at the distillery

** The stock has lost over 5% since the issue was reported in mid-June

(Reporting by Manvi Pant in Bengaluru)

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By Jatindra Dash and Arpan Chaturvedi

BHUBANESWAR, June 27 (Reuters) - Indian liquor company Som Group has asked a state court to quash a government decision to temporarily suspend manufacturing licenses of one of its distilleries where a federal agency found 59 children working illegally, a court filing showed.

Police, who have been investigating the Som distillery in Raisen district in the central state of Madhya Pradesh, locked its premises after the National Commission for Protection of Child Rights this month found 39 boys and 20 girls working at the factory.

The agency also released photos of children's hands it said showed burns due to contact with chemicals, and said some of the children were transported to the factory in school buses.

In a 169-page court filing in the High Court of Madhya Pradesh, Som argued the licenses were wrongly suspended as the investigation into the allegations of child labour were still ongoing.

"There is no conclusion to the effect as to whether in reality any child was employed or not," Som Distilleries Pvt Ltd said in a court filing, which is not public but was reviewed by Reuters.

Som did not respond to a request for comment, and neither did the Madhya Pradesh state government. The case was heard on Thursday but no order was passed.

In the previous statement, Som Distilleries and Breweries Ltd SDB.NS said the issue was related to a plant run by its associate company, which used labour supplied by contractors who may not have carried out proper age checks.

The firm's stock has fallen 9.3% since the human rights agency visited the distillery on June 15.

(Reporting by Jatindra Dash in Bhubaneswar, Arpan Chaturvedi and Tanvi Mehta; Editing by Aditya Kalra and Paul Simao)

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** Shares of India's Som Distilleries and Breweries SDB.NS off ~1% on the day and have tumbled 10.4% so far this week

** Stock set for their worst week since late Dec 2022

** A report that Som employed child labour at a distillery sparked police probe and authority threat to impound plant

** Beer and spirits maker SDB says plant is run by associate pvt firm; adds no govt dept has taken action on the company

** Rampur single malt maker Radico Khaitan's RADC.NS nearly 5% jump this week is the most among Som's rivals

** Kingfisher beer maker United Breweries UBBW.NS has fallen 1.2% this week

** Johnnie Walker whiskey maker United Spirits UNSP.NS is little unchanged

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of liquor firm Som Distilleries Breweries Ltd SDB.NS fall as much as 8.6% to 105.90 rupees

** At current levels, SBD down 8% since allegations of contractor employing children were first reported on Monday

** Indian authorities said on Wednesday they would impound distillery belonging to associate co, suspend manufacturing license of plant in Madhya Pradhesh state after agency found children working at site illegally

** Som on Wednesday said no action taken by any government department on co

** Rivals United Spirits UNSP.NS down 0.5% on the day, Piccadily Agro PICA.BO and Radico Khaitan RADC.NS up 0.4% each

** Som's sessions' losses trim YTD gains to 0.8%

(Reporting by Nandan Mandayam in Bengaluru)

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By Arpan Chaturvedi and Tanvi Mehta

NEW DELHI, June 19 (Reuters) - Some of the 58 children found working illegally in a distillery of India's Som Group were transported to the factory in school buses, the chief of the Indian government child rights agency overseeing case told Reuters.

Police in the state of Madhya Pradesh launched an investigation into Som after the National Commission for Protection of Child Rights (NCPCR) last week found 39 boys and 19 girls working at the factory. The agency also released photos of children's hands it said showed burns due to contact with chemicals.

"They were enrolled in a school and would come in school buses. So people thought they were going to the school, but they worked in the liquor factory," NCPCR Chief Priyank Kanoongo said on Wednesday.

Som did not respond to a request for comment on NCPCR's remarks.

In a statement to the stock exchange earlier this week, Som Distilleries and Breweries Ltd SDB.NS said the concerns are related to a plant run by its "associate private limited company" which used labour supplied by contractors, who may not have carried out proper age verification checks.

Their services have been terminated, Som said, adding it is cooperating with the authorities. The company's shares have fallen 7% this week.

Kanoongo said he would ask the local authorities why no arrests have been made and the distillery had not been sealed.

"We will soon send a notice to the local authorities," he added.

Repeated calls to Vikas Kumar Shahwal, the senior Madhya Pradesh police official who is overseeing the case, were not answered.

Som is one of the smaller distilleries in India's thriving alcohol industry where both foreign and domestic players operate. Its website describes it as an "internationally acclaimed brand" available in over 20 markets including the United States, New Zealand and the United Kingdom.

Child labour is a concern in India. In 2021, Reuters reported that an external audit of two Carlsberg warehouses had found underage labourers at a location in the eastern Indian state of Jharkhand.

Carlsberg at the time said "the third-party provider was terminated immediately in 2018 following the findings in the internal report."

(Reporting by Arpan Chaturvedi; Additional reproting Jatindra Dash and Indranil Sarkar; Editing by Aditya Kalra and Miral Fahmy)

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** India's Som Distillaries SDB.NS tumbles 15% to 105 rupees, lowest since March 28

** Stock posts biggest intraday pct fall since Nov 2018

** Indian police launches investigation after government's child rights agency found children working at a distillery

** Co says its associate that ran the plant used labour supplied by contractors who may not have carried out proper age verification

** Stock last down 12.3%, erasing YTD gains and is now down 4.6% so far this year

(Reporting by Sethuraman NR in Bengaluru)

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June 17 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• SOM DISTILLERIES BREWERIES & WINERIES LTD - RESPONSE TO MEDIA REPORTS CONCERNING CHILD LABOUR ISSUES

• SOM DISTILLERIES BREWERIES & WINERIES LTD - WANTED TO CLARIFY THAT LABOUR FOR ASSOCIATE COMPANY IS SUPPLIED BY CONTRACTORS

• SOM DISTILLERIES BREWERIES & WINERIES LTD - IT MAY BE FAULT OF CONTRACTORS WHO MAY NOT HAVE GOT PROPER AGE VERIFICATION DONE OF WORKERS

• SOM DISTILLERIES BREWERIES & WINERIES - CONCERNS ARE NOT RELATED TO SOM DISTILLERIES AND BREWERIES BUT RELATE TO OUR ASSOCIATE PRIVATE LIMITED COMPANY

• SOM DISTILLERIES BREWERIES & WINERIES LTD - COMPANY HAS EXTENDED FULL COOPERATION TO AUTHORITIES REGARDING ISSUE

• SOM DISTILLERIES BREWERIES & WINERIES LTD - TERMINATED SERVICES OF VENDOR THROUGH DIRECTORS OF THAT COMPANY

Source text for Eikon: ID:nBSE9YyBHL

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** Shares of IFB Agro Industries IFBA.NS down 2.8% at 428 rupees

** Alcohol maker swings to Q4 loss from year-ago profit

** Rival Som Distilleries SDB.NS posted higher Q4 profit

** IFBA down ~13% YTD after two straight yearly declines

** SDB up ~12% YTD after three straight yearly gains

(Reporting by Varun Vyas in Bengaluru)

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May 27 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• RECEIVED OFFICIAL PERMISSION FROM STATE OF TELANGANA TO SUPPLY BEER BRANDS

Source text for Eikon: ID:nBSE3sF9RJ

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April 25 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• MARCH-QUARTER CONSOL PROFIT 199.9 MILLION RUPEES VERSUS PROFIT 158.7 MILLION RUPEES

• MARCH-QUARTER CONSOL TOTAL INCOME 7.42 BILLION RUPEES VERSUS 4.83 BILLION RUPEES

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April 16 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• COMMISSIONING OF WRAPAROUND PACKAGING EQUIPMENT AT BHOPAL CANNING FACILITY

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April 8 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• COMMENCED COMMERCIAL PRODUCTION FROM APRIL 8 ON INCREASED CAPACITY AT KARNATAKA PLANT

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April 2 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• APPROVED SUB-DIVISION OF SHARES

• CONSIDERED SUB-DIVISION OF EACH OF EQUITY SHARE INTO EQUIVALENT NUMBER OF SHARES

Source text for Eikon: ID:nBSE3X456c

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March 26 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• WOODPECKER DISTILLERIES ANNOUNCE EXPANSION PROJECT AT HASSAN HAS BEEN FAST-TRACKED

• COMMENCING TRIAL RUNS OF EXPANSION PROJECT ON 30TH MARCH 2024

Source text for Eikon: ID:nBSE592ygl

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** India's alcoholic beverages industry is set for margin improvement, revenue growth in FY2025, ICRA says

** Projects rev growth of 8-10% for domestic alcohol cos, 11-13% growth for Indian made foreign liquor cos on customer preference for premium products

** ICRA expects beer to witness good season in Q1 anticipating a hot summer

** Says margin growth to be driven by moderation in input costs and packaging materials such as glass bottles

** Shares of United Spirits UNSP.NS fall 1.5%, United Breweries UBBW.NS down 3.1% and Tilaknagar Industries TILK.NS down 0.4%, while those of Radico Khaitan RADC.NS rise 2.6%, G M Breweries up 0.5% and Som Distilleries SDB.NS edge 0.1% higher

(Reporting by Sethuraman NR)

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** Shares of Som Distilleries and Breweries SDB.NS up 9.2% at 240 rupees

** Stock set to snap three consecutive days of fall if trend holds

** Liquor maker says it will consider sub-division or split of shares

** SDB fell 8.4% on Wednesday amid profit booking in broader markets, shed 16% in previous three sessions

** Stock down 12% so far in March, set for sixth straight monthly fall

(Reporting by Ashna Teresa Britto in Bengaluru)

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March 13 (Reuters) - Som Distilleries and Breweries Ltd SDB.NS:

• TO CONSIDER SUB-DIVISION/ SPLIT OF EXISTING EQUITY SHARES OF CO

Source text for Eikon: ID:nBSE8X1w9D

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Jan 17 (Reuters) - SOM Distilleries Breweries & Wineries Ltd SDB.NS:

• INDIA'S SOM DISTILLERIES BREWERIES & WINERIES DEC-QUARTER CONSOL PROFIT 179.9 MILLION RUPEES VERSUS PROFIT 105.2 MILLION RUPEES

• SOM DISTILLERIES BREWERIES & WINERIES LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.01 BILLION RUPEES VERSUS 3.05 BILLION RUPEES

• SOM DISTILLERIES BREWERIES & WINERIES LTD - APPROVED RAISING OF FUNDS UP TO 3.50 BILLION RUPEES

Source text for Eikon: ID:nBSEVZNSH

Further company coverage: SDB.NS

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Jan 12 (Reuters) - SOM Distilleries Breweries & Wineries Ltd SDB.NS:

• TO CONSIDER PROPOSAL TO RAISE FUNDS

Source text for Eikon: ID:nBSE2QDwC4

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** Shares of Som Distilleries and Breweries SDB.NS up as much as 7.1% to 305.2 rupees

** Stock posts biggest intraday pct gain since Oct. 26

** Liquor maker said it received approval from the Karnataka

excise department for supply of its premium beer brands to the southern state of Tamil Nadu

** Over 788,000 shares change hands by 2:15 p.m. IST, 1.5x the 30-day moving avg

** Stock currently up 5.3%, boosting YTD gains to 151.7%

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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** Shares of SOM Distilleries Breweries & Wineries SDB.NS rise 1.8% to 300.2 rupees

** Alcoholic beverages maker says it got permissions from the excise department to expand beer capacity at Hassan plant in Karnataka state

** Stock up ~152% YTD

(Reporting by Anuran Sadhu in Bengaluru)

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Nov 16 (Reuters) - SOM Distilleries Breweries & Wineries Ltd SDB.NS:

• MARKET SHARE OF 45% IN OVERALL BEER INDUSTRY IN MADHYA PRADESH IN OCTOBER 2023

Source text for Eikon: ID:nBSE7BQWK3

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Nov 10 (Reuters) - SOM Distilleries Breweries & Wineries Ltd SDB.NS:

• SOM DISTILLERIES BREWERIES & WINERIES LTD - INCOME TAX DEPARTMENT CONDUCTING SEARCH AT PREMISES RELATED TO CO, SINCE NOVEMBER 7, 2023

• SOM DISTILLERIES BREWERIES & WINERIES LTD - ENTIRE IT ASSETS OF ALL SENIOR OFFICIALS UNDER CONTROL OF IT DEPARTMENT

Source text for Eikon: ID:nBSE95Cjxj

Further company coverage: SDB.NS

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Nov 9 (Reuters) - SOM Distilleries Breweries & Wineries Ltd SDB.NS:

• SEARCH & SEIZURE OPERATION BY INCOME TAX DEPARTMENT AT CO’S CORPORATE OFFICE, FACTORIES CONDUCTED SINCE NOV 7

• BUSINESS OPERATIONS OF CO CONTINUE AS USUAL, NOT BEEN IMPACTED DUE TO SEARCH

Source text for Eikon: ID:nNSE1pZtPR

Further company coverage: SDB.NS

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** Shares of SOM Distilleries Breweries & Wineries SDB.NS rise as much as 3.91% to 355 rupees apiece

** Rise after the alcoholic beverages maker signed a strategic contract manufacturing agreement in Jammu and Kashmir to make Indian-made Foreign Liquor (IMFL)

** Deal to lead to shorter turnaround time for supply of products to northern India and border regions - SDB

** Including today's gains, SDB up 198% in 2023 so far

(Reporting by Bharath Rajeswaran in Bengaluru)

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