Thursday 27 Jun, 2024 12:28 AM
Site map | Locate Us | Login
   ITD Cementation hits record high on bagging Rs 1,082-cr marine contract in Gujarat    Inox Green hits record high as board OKs raising Rs 1,050-cr via preferential issue    MIC Electronics hits the roof after receiving letter of completion from Ratlam railway    C.E. Info Systems Ltd leads losers in 'A' group    White Organic Retail Ltd leads losers in 'B' group    Zee Media jumps as board approves to raise upto Rs 200 cr    SBI raises Rs 10,000-cr via long term bonds    Volumes jump at CESC Ltd counter    Consumer Durables stocks edge lower    Real Estate shares slide    Metal shares slide    Titagarh Rail soars after CRISIL upgrades ratings to 'AA-' with 'stable' outlook    J B Chemicals & Pharmaceuticals Ltd eases for fifth straight session    Bajaj Auto's subsidiary commences operations at new facility in Brazil    Dr Reddys Laboratories Ltd gains for fifth session 
Saravan Stocks
       
Hot Pursuit
Scrips, which has significant changes during the market hours.
Som Distilleries slumps amid reports of employment of children at Madhya Pradesh plant
18-Jun-24   14:28 Hrs IST

The NCPCR chairperson has reportedly revealed that over 50 children, including 20 young girls, suffered skin burns from chemical exposure. The commission has filed a case against the firm under juvenile justice and bonded labour laws, the reports added.

Issuing a clarification on these media reports, Som Distilleries said, ?These concerns are not related to Som Distilleries and Breweries Limited but relate to our associate Private Limited company which deals in country liquor primarily, and not the listed company as reported.?

It further said that the labour for the associate company is supplied by contractors. It may be the fault of the contractors who may not have got proper age verification done of the workers being allowed to work at that company. That company has extended full cooperation to the authorities regarding the issue and has terminated the services of the vendor through the directors of that company.

?We want to assure you that all the plants of our company are fully compliant with all applicable laws and have all the necessary permissions,? Som Distilleries said in a statement.

Som Distilleries and Breweries is primarily engaged in brewing, fermentation, bottling, canning and blending of beer and Indian Made Foreign Liquor (IMFL). It also supplies draught beer from its plants.

The company?s consolidated net profit jumped 17.97% to Rs 18.84 crore in Q4 FY24 as compared with Rs 15.97 crore in Q4 FY23. Revenue from operations (excluding excise duty) jumped 43.27% to Rs 381.59 crore in Q4 FY24 as compared with Rs 266.34 crore posted in same quarter last year.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com,  Mobile No: 7305522205
Hit Count : 33471996
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 56990 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. SSPL WEALTH Pvt. Ltd