Som Distilleries and Breweries

Risk: Promoters of SDBL don’t have a clean past.

  1. GST evasion in 2020: LIQUOR: GST intelligence officers arrest SOM Distilleries promoters in alleged tax evasion case, ET Retail

  2. Anti Trust Violation 2022
    competition commission: CCI raids Associated Alcohols, Som Distilleries in price fixing probe - The Economic Times

  3. Sebi notice: SEBI | Adjudication Order respect of Mr. Jagdish Kumar Arora and Som Distilleries Pvt. Ltd. in the matter of Som Distilleries and Breweries Limited<span style='color:#007ffc;'>[SAT Appeal No.:</span><a style='color:#007ffc;' href='http://sat.gov.in/english/pdf/E2021_JO202078.PDF' target='_blank'><em class='fa fa-external-link'></em>78/2020 & Misc.App.No.75/2020]</a>

  4. Multiple other mispractices in the past
    Analysis:... - Dr Vijay Malik - Simplifying Stock Investing

Would like to prefer a cleaner company as compared to this. Stock has already tripled in one year, on account of everyday buying by SDBL promoter.

7 Likes