Brihan Maharashtra Sugar Syndicate Ltd.

Last updated

Brihan Maharashtra Sugar Syndicate Ltd.
Company type Limited
ISIN INE109V01017
Industry Sugar, liquor, metal printing, ayurvedic products, health care products, real estate
Founded21 September 1934;89 years ago (21 September 1934)
Founder Chandrashekhar Agashe
Headquarters
Shaniwar Peth, Pune, Maharashtra
,
India
Area served
 Maharashtra
Key people
 Ashutosh Agashe (managing director)
Revenue
Total equity
 (2021)
Parent Brihans Group
Subsidiaries Brihans Natural Products Ltd.
Website thebmssltd.com
Footnotes /references
[1] [2] [3]

The Brihan Maharashtra Sugar Syndicate Ltd. is an Indian sugar company headquartered in Pune, Maharashtra, India. Established in 1934, it is one of the oldest companies in India.

Contents

History

Under Chandrashekhar Agashe: 1934 — 1956

In 1933, the Governor of Bombay, The Lord Brabourne promoted the production of indigenous sugar, having had increased the import tax on the commodity shipping in from Mauritius. [4] This enabled Chandrashekhar Agashe to found the Brihan Maharashtra Sugar Syndicate Ltd. on 21 September 1934, [1] [5] as a limited liability company after two years of crowd-funding campaigns, [6] with funds collected from amongst the Maharashtrian middle classes. [7] The syndicate was headquartered in Pune. [8]

Between 1934 and 1936, Agashe envisioned opening a factory branch of the Syndicate in his hometown of Bhor, and began cultivating 2,000 acres of land for the plantation of sugar cane. In 1935, he began employing tenanted farmers of the local gentry and independent farmers as producers or transportation workers of the sugar cane for the syndicate in the village of Bhorgaon. By 1936, he had licensed or purchase 12,000 acres of farm land to support the syndicate, being lauded for reviving the local economy and consequently receiving further land grants from bankers in Akluj and several politicians in the Bhor State. [9]

After Agashe established the syndicate's headquarters at the Commonwealth Building on Laxmi Road, the Mahratta Chamber of Commerce, Industries and Agriculture declared the sale of 300,000 shares of the syndicate, with the first share going at Rs. 25 in January 1935. [10] Between 1935 and 1937, Agashe toured several states and jagirs within the Deccan States Agency, promoting the syndicate at several village gram panchayats. [9] In July 1937, C. E. Aitken, the superintending engineer of the Deccan Irrigation Circle raised concerns about the syndicate's factory to Sir Geoffrey Thomas Hirst Bracken, reporting that the syndicate had sanctions, although they had the machinery, and were practicing the open pan system of sugar cultivation and were growing from their own seeds. [11] By 1937, the syndicate's factory produced 35 hundredweights of sugar. [12]

In November 1937, Agashe ordered sugar cane processing machinery from Škoda Works in Czechoslovakia before the outbreak of World War II. Following Adolf Hitler's rise to power and the German occupation of Czechoslovakia, Agashe considered retracting his order, but received the ordered machinery before the Reichswerke Hermann Göring took over Škoda. [13] He began construction for the first factory in April 1938, and finally established the syndicate's first sugar cane processing factory in the village of Bhorgaon in March 1939, [14] further purchasing an estate and the surrounding lands as a means to look after his own sugar plantations, [15] with the syndicate's principal factory soon producing 150,000 sacs of sugar per annum by 1940, [16] selling the sugar under the trademark Shree, with the village panchayat renaming the town Shreepur. [14] In 1943, Agashe's donation to the Deccan Education Society led to the establishment of the Brihan Maharashtra College of Commerce in Pune, named after the syndicate. [17]

After Indian independence in 1947, Agashe was able to expand the syndicate's production to 1000 tonnes of sugar cane processed per annum by 1950. [18] In 1950, the University of Bombay surveyed the syndicate's labour conditions. [19] By 1953, there was strong opposition to Agashe's role as the managing director of the syndicate from his critics, with the syndicate involved in several allegations of duping shareholders and depositors in the early 1950s. [20] [21] [22] Agashe, in response, published a 400-page report criticizing his detractors of corruption and factionalism based on evidence that his critics were backed by his competitor Karamshi Jethabhai Somaiya, who had previously shown interest in purchasing the syndicate. [23] [24] [25] In 1954, the syndicate advertised in the publication of the Mahatma Phule Museum, where Agashe was on the board. [26] In July 1955, the syndicate was among the several other sugar factories that filed appeals with the Labour Appellate Tribunal, Bombay, to settle matters between it and the worker's unions regarding the high rate the court had decreed for the sugar factories' to pay towards the provident funds of its employees. [27] Agashe died in June 1956. [28] He was survived in business by his sons Panditrao Agashe and Dnyaneshwar Agashe. [29] [30]

Under S. L. Limaye, K. V. Champhekar and G. S. Valimbe: 1956 — 1970

Agashe left the syndicate in a strong position. [29] With a decentralised management, S. L. Limaye took over as chairman of the board of directors of the company, serving from 1957 till 1990, [31] [32] while K. V. Champhekar took over as managing director of the company from 1957 to 1962, [33] followed by G. S. Valimbe from 1963 to 1969, [34] until Agashe's sons Panditrao and Dnyaneshwar became joint managing directors in July 1970. [29] [34]

The several senior managers of the company aided Panditrao Agashe, given his considerable youth when he joined the board of directors in 1957. [35] [36] By 1958, the syndicate also maintained a permanent office in Solapur and Shreepur, Maharashtra, [37] with the syndicate celebrating its silver jubilee in 1959. [38] Between 1958 and 1966, the syndicate financially aided several farming communities around the Malshiras taluka, including those regions affected by the Panshet dam flood in 1961. [39]

The later half of the 1960s saw the syndicate battle the Government of Maharashtra's socialist land acquisition schemes, which they ultimately lost, relinquishing several thousand acres of syndicate owned land to the Government of India. [40] Between 1961 and 1963, the syndicate had also decreased its trade credit percentage of liabilities with the Bank of Maharashtra. [41] In 1964, the syndicate had employment disputes regarding the reduction of staff in its civil engineering department. [42] By 1966, Panditrao's brother Dnyaneshwar Agashe joined him on the board of directors of the syndicate, [43] [44] with both the brothers becoming joint managing directors in July 1970. [45] [46]

Under Panditrao Agashe and Dnyaneshwar Agashe: 1970 — 2009

Beginning in the 1970s, under Panditrao and Dnyaneshwar Agashe, the syndicate manufactured liquor in Shreepur, Maharashtra, [47] specialising in whisky production under its several flagship brands. [48] [49] [50] The syndicate was one of the first companies to produce a range of government-approved liquors after the Maharashtra state prohibition, [51] called Indian Made Foreign Liquor. [52] In 1978, Panditrao retired as joint managing director leaving Dnyaneshwar as the sole managing director. [53] By the early 1980s, the syndicate also briefly engaged in the business of metal printing. [1] In October 1980, the syndicate was surveyed on its impact on Maharashtra's rural economy by the Gokhale Institute of Politics and Economics. [54] Under Dnyaneshwar, the company launched a brandy in partnership with Camus Cognac. [55] In 1984, the company sponsored a sports tournament in Dadar. [56] In 1986, the company sponsored a squash tournament. [57] In 1988, the company shifted to being a cooperative. [58] By 1989, the syndicate was considered a leading manufacturer of alcohol in the country. [59]

In 1990, Dnyaneshwar took over as chairman of the board of directors for the syndicate upon the death of S. L. Limaye, [32] a position he would serve until his death in January 2009. [60] In 1991, a test plant developed from research funded by the United States Agency for International Development was installed at the syndicate which controlled pollution during the manufacturing of industrial alcohol. [61] That same year, Dnyaneshwar's son Mandar Agashe joined the syndicate's board of directors, [62] going on to become a joint managing director with his father by 1994. [63] Dnyaneshwar's younger son, Ashutosh Agashe, was appointed to the board of directors in 1996. [64] [65]

By 1998, the syndicate began marketing ayurvedic medicines, health care products, and bulk raw materials. [1] It was also involved in the manufacturing of food products and veterinary medicine. [66] That same year, the syndicate hosted cricket tournaments in Pune. [67] In 1999, Mandar resigned as joint managing director, [68] going on to found the syndicate's sister company Brihans Natural Products Ltd. in 2000. [69] The syndicate began promoting ayurvedic skincare products made by its sister company, Brihans Natural Products Ltd. [70] That same year, Ashutosh was appointed as joint managing director. [71]

By 2002, the syndicate also manufactured alcohol-based chemicals. [72] In 2005, the syndicate entered a partnership with Howling Wolves Wine Group of Australia which planned to set up a wine production base in India. [73] [74] [75] The partnership was made with Baumgarten & Walia Ltd., a wholly owned subsidiary of the syndicate. [76] That same year, Radico Khaitan signed an agreement with the syndicate for acquisition of their liquor brands Brihans Napoleon Brandy, Brihans Premium Whisky, Brihans Grape Brandy, Tropicana White Rum, Calcutta Dry Gin, Lord Nelson Rum and Red Russian Vodka in line with their domestic growth plan. [77] [78] [79]

Under Ashutosh Agashe: 2009 — present

In 2009, upon Dnyaneshwar Agashe's death, Ashutosh Agashe was appointed chairman and managing director of the syndicate. [80] In 2013, the syndicate sold its liquor manufacturing arm to Radico Khaitan. [81] In 2014, the syndicate was involved in the Brihan Karan Sugar Syndicate Private Limited (BKSSPL) trademark 'Tango' scandal. [82] In May 2021, during the COVID-19 pandemic in India, Ashutosh and the syndicate donated oxygen concentrators to hospitals in Shreepur, Maharashtra. [83] [84]

Related Research Articles

<span class="mw-page-title-main">Raja Dinkar Kelkar Museum</span> Museum in Pune, India

The Raja Dinkar Kelkar Museum is in Pune, Maharashtra, India. It contains the collection of Dr. Dinkar G. Kelkar (1896–1990), dedicated to the memory of his only son, Raja. The three-storey building houses various sculptures dating back to the 14th century. There are also ornaments made of ivory, silver and gold, musical instruments, war weapons and vessels.

<span class="mw-page-title-main">Nutan Marathi Vidyalaya</span> School in Pune, Maharashtra

Nutan Marathi Vidyalaya (NMV) is one of the oldest schools in Pune, Maharashtra, India. The school was founded by the Shikshan Prasarak Mandali, an educational charity, on 1 January 1883. The school has a secondary school section for students in grade five to ten and a junior college for students in grade eleven and twelve.

<span class="mw-page-title-main">Brihan Maharashtra College of Commerce</span> College of commerce in Pune, India

Brihan Maharashtra College of Commerce is a college in Pune, Maharashtra, India. The college was established in 1943 by the Deccan Education Society. It is affiliated to Savitribai Phule Pune University.

<span class="mw-page-title-main">Bapu Gokhale</span> Maratha general

Bapu Gokhale was army chief (Senapati) of the Marathas in the Third Anglo-Maratha War.

Agashe is a surname used by Chitpavan Brahmins of the Kaushik gotra in the Marathi-populated Deccan in India and by the Chitpavan Brahmin diaspora across the globe.

MVM's Panditrao Agashe School or Panditrao Agashe School, is a private, co-educational day school located at Law College Road in Pune, India. The institution is a part of the Maharashtra Vidhya Mandal. Maharashtra Vidhya Mandal was founded in 1957. He was one of the first Maharashtrian in Pune to start an English Medium School. He is also renowned for his English into Marathi and Marathi into English dictionaries. The school caters to pupils from kindergarten up to class 10 and the medium of instruction is the English language. The school is affiliated to the Maharashtra State Board of Secondary and Higher Secondary Education, Pune which conducts the SSC Examinations at the close of class 10. The school is divided into three sections viz. pre-primary, primary and secondary.

<span class="mw-page-title-main">Dnyaneshwar Agashe</span> Indian businessman and cricketer (1942–2009)

Dnyaneshwar Chandrashekhar Agashe was an Indian businessman, cricketer, cricket administrator and philanthropist. He is best remembered for founding the Suvarna Sahakari Bank in 1969, and the scandal following the bank's alleged scam case in 2008. He played first-class cricket for Maharashtra between 1962 and 1968, and served as managing director of the Brihan Maharashtra Sugar Syndicate from 1986 to 1996. He was twice elected vice president of Board of Control for Cricket in India, serving his second and final term from 1995 to 1999.

<span class="mw-page-title-main">Ashutosh Agashe</span> Indian cricket player and businessman (born 1972)

Ashutosh Dnyaneshwar Agashe is an Indian cricket player and businessman. He played the Ranji Trophy for the Maharashtra cricket team from 1996 to 1999. He has served as the managing director of Brihan Maharashtra Sugar Syndicate Ltd. since 1996.

<span class="mw-page-title-main">Chandrashekhar Agashe</span> Indian industrialist (1888–1956)

Chandrashekhar Govind Agashe was an Indian industrialist and lawyer, best remembered as the founder of the Brihan Maharashtra Sugar Syndicate Ltd. He served as the managing agent of the company from its inception in 1934 till his death in 1956. He served as the President of the Bhor State Council from 1934 to 1948, having previously been the council's Vice President from 1933 to 1934, its Secretary from 1932 to 1933, and the Chief Justiciar of the Indian princely state itself from 1920 to 1932.

Suvarna Sahakari Bank was an Indian private urban co-operative bank based in Pune, Maharashtra, India, which operated from its incorporation on 22 September 1969 till its dissolution on 20 May 2009.

Shreepur is a village in Malshiras Taluka in the Solapur District of Maharashtra, India.

Jagdish "Panditrao" Chandrashekhar Agashe was an Indian industrialist, best remembered for succeeding his father Chandrashekhar Agashe as the joint managing director of the Brihan Maharashtra Sugar Syndicate Ltd. from 1970 to 1978. The Panditrao Agashe School in Pune is named in his honour.

Captain Shivrampant Damle was an Indian educationist. He is best remembered for founding the Maharashtriya Mandal in 1924.

<span class="mw-page-title-main">Mandar Agashe</span> Indian businessman and musician (born 1969)

Mandar Dnyaneshwar Agashe is an Indian businessman, music director, and former musician. Best known for having founded Sarvatra Technologies in 2000, he was one of the directors implicated in Suvarna Sahakari Bank's alleged scam case in 2008. He is also known for his 1998 hit single Nazar Nazar.

<span class="mw-page-title-main">Sheetal Agashe</span> Indian businesswoman and actress (born 1977)

Sheetal Dnyaneshwar Agashe is an Indian businesswoman and former actress, who has served as managing director of Brihans Natural Products since 2013, for which she has received various accolades, including a Times Visionary Award, a Femina Pune's Most Powerful Award, and two Times Women of the Year Awards. A former actress, she had a recurring role from 1999 to 2003 on the sitcom Yes Boss (1999–2009), and a leading role in the independent film Minus One (2005).

Nandan Hanmant Phadnis is an Indian cricketer who played first class from 1986 to 1992 and List A cricket from 1986 to 1996 at the Ranji Trophy and the Wills Trophy for the Maharashtra cricket team as a wicket-keeper and batsman. Since 1998, he has served as an umpire for List A and Twenty20 cricket.

Shakuntala Bhupendra Karandikar was an Indian biographer and philanthropist, best remembered for writing the Marathi biography of her father Chandrashekhar Agashe titled Vishwasta (1992), and her advocacy and philanthropy towards women's causes in Dahanu.

Raghuveer Bharam is an Indian painter of oil paintings of portraits, mythological themes, and figurative art. His best known portrait of Vasantrao Deshpande was painted in 1980 from a prior photograph, and subsequently hung at the Vasantrao Deshpande Memorial Hall in Nagpur from 1990, before needing critical restoration from Bharam in 2013. A student of the Gurukul painting method under Gopal Deuskar, his works have been adapted into book covers and exhibited at the Darpan Art Gallery.

References

  1. 1 2 3 4 "Company Overview of The Brihan Maharashtra Sugar Syndicate Limited". Bloomberg . Archived from the original on 14 November 2016. Retrieved 13 November 2016.
  2. ↑ "The Brihan Maharashtra Sugar Syndicate Ltd. Company Profile". The Economic Times . Retrieved 18 February 2024.
  3. ↑ "The Brihan Maharashtra Sugar Syndicate Ltd. Company Profile" . Tracxn. Retrieved 18 February 2024.
  4. ↑ Karandikar 1992, p. 15–16.
  5. ↑ "Shri Chandrashekhar Govind Agashe". Annals of the Bhandarkar Oriental Research Institute. Vol. 36. Bhandarkar Oriental Research Institute. 1955. p. 382. JSTOR   44082979. OCLC   6988270115 . Retrieved 8 October 2022– via JSTOR.
  6. ↑ Agashe & Agashe 2006, p. 62.
  7. ↑ Business India. Vol. 108–116. A. H. Advani. 1982. p. 83 – via Northwestern University.
  8. ↑ Year Book & Directory of Indian Sugar Factories. Sugar Technologists' Association of India. 1973. Retrieved 9 October 2022– via University of California.
  9. 1 2 Karandikar 1992, p. 19–20, 22, 23–25.
  10. ↑ Karandikar 1992, p. 27–28.
  11. ↑ Indian Tariff Board (1938). Bracken, Sir Geoffrey (ed.). Oral Evidence recorded during enquiry on the Sugar Industry: Local Government, Associations, Chambers of Commerce, Individual firms and persons. Vol. V. Delhi: Indian Tariff Board. p. 42. Retrieved 19 February 2024– via Gokhale Institute of Politics and Economics.
  12. ↑ Indian Tariff Board (1939). Bracken, Sir Geoffrey (ed.). Written Evidence recorded during the enquiry into the Sugar Industry: Replies received from the Local Governments and Indian States. Vol. III–A. Delhi: Indian Tariff Board. p. 447. Retrieved 19 February 2024– via Gokhale Institute of Politics and Economics.
  13. ↑ Karandikar 1992, p. 33.
  14. 1 2 Karandikar 1992, p. 36–39.
  15. ↑ Karandikar 1992, p. 17–18.
  16. ↑ Bapat & Bapat 2007, p. 604.
  17. ↑ Oturkar, R. V., ed. (1951). Poona: Look and Outlook. Pune Municipal Corporation. pp. 56, 76–78. Retrieved 9 October 2022– via University of California.
  18. ↑ "एक हजार टोंनी कारखाना सुरु झाला" [Production of factory at 1000 tonne]. Kesari (in Marathi). 30 May 1950.
  19. ↑ Deodhar, L. D. (1950). Labour in the Sugar Industry of the Bombay-Deccan (Ph.D. thesis). Poona: University of Bombay. pp. 18, 337, 580. Retrieved 19 February 2024– via Gokhale Institute of Politics and Economics.
  20. ↑ "भाग गेला, शीन गेला" [The part went, the lustre went]. Kesari (in Marathi). 1 February 1952.
  21. ↑ ""अगा उपाय बळे पांगू. पहाड नको." — ज्ञानेश्वरी" ["Efforts should not be made to weaken a grand mountain" – Dnyaneshwari ]. Kesari (in Marathi). 2 August 1953.
  22. ↑ "शेरावर नफा हा स्वार्थ" [Profit on shares is selfishness]. Kesari (in Marathi). 3 November 1953.
  23. ↑ Karandikar 1992, p. 63–70, 84–87.
  24. ↑ "Co-existence and not aggression". Kesari (in Marathi and English). 3 June 1955.
  25. ↑ "The nation had a Lionheart, I only roared". Kesari (in Marathi and English). 11 January 1955.
  26. ↑ Lord Reay Maharashtra Industrial Museum (1954). Museum Education (PDF). Poona: Tata Day Publications. p. 28. Retrieved 19 February 2024– via Gokhale Institute of Politics and Economics.
  27. ↑ Limaye, P. M.; Vaze, S. G. (July 1955). Kakade, R. G. (ed.). "Labour Appellate Tribunal: Contribution to the Provident Fund" (PDF). The Indian Civil Liberties Bulletin. No. 70. Poona: Servants of India Society. p. iii:258. Retrieved 19 February 2024– via Gokhale Institute of Politics and Economics.
  28. ↑ "पुण्यस्मरण" [Remembrance]. Maharashtra Times (in Marathi). 9 June 2017. Archived from the original on 19 October 2017. Retrieved 27 December 2017.
  29. 1 2 3 Bapat & Bapat 2007, pp. 603–604.
  30. ↑ Agashe & Agashe 2006, p. 62, आगाशे, ज्ञानेश्वर; आगाशे पंडितराव.
  31. ↑ Karandikar 1992, pp. 124–126.
  32. 1 2 Agashe, D. C. (14 August 1990). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report) (in Marathi and English). Pune. p. 1.
  33. ↑ Limaye, S. L. (2 November 1963). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Poona. p. 2.
  34. 1 2 Limaye, S. L. (24 October 1971). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Poona. p. 1.
  35. ↑ Karandikar 1992, p. 125.
  36. ↑ Limaye, S. L. (2 February 1959). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Poona. p. 17.
  37. ↑ Indian Labour Bureau (1958). Large Industrial Establishments in India. p. 113. Retrieved 9 October 2022– via University of Michigan.
  38. ↑ Deccan Sugar Factories Association (1967). Silver Jubilee Souvenir. Verlag nicht ermittelbar. pp. 126–128. Retrieved 9 October 2022– via University of Michigan.
  39. ↑ Karandikar 1992, p. 126.
  40. ↑ Karandikar 1992, p. 127.
  41. ↑ Patwardhan, M. V. (February 1966). The Growth of Bank of Maharashtra Limited in its Area of Operation (Ph.D. thesis). Poona: University of Poona. p. 323 – via Gokhale Institute of Politics and Economics.
  42. ↑ Government of Maharashtra (1964). The Maharashtra Government Gazette. pp. 3597, 3820. Retrieved 14 January 2022– via University of California.
  43. ↑ Kothari's Economic and Industrial Guide of India. 1978. p. 37 – via University of Michigan.
  44. ↑ Limaye, S. L. (16 November 1967). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Poona. p. 1.
  45. ↑ Karandikar 1992, p. 124.
  46. ↑ Kothari's Economic Guide and Investors' Handbook of India. Kothari & Sons. 1969. Retrieved 9 October 2022– via University of Michigan.
  47. ↑ Government of Maharashtra (1977). Maharashtra State Gazetteers: Sholapur. Director of Government Printing, Stationery and Publications, Maharashtra State. pp. 393, 820. Retrieved 14 January 2022– via University of California.
  48. ↑ "Brihan Maharashtra Sugar Syndicate Ltd". The Whisky Portal. Retrieved 13 November 2016.
  49. ↑ "Brima Sagar Distillery Biogas Plant". Clarke Energy . Retrieved 14 November 2014.
  50. ↑ "Brihan Maharashtra Sugar Syndicate Ltd.— distillery profile". The Rum Portal. Archived from the original on 3 January 2017. Retrieved 3 January 2017.
  51. ↑ Business India. Vol. 674–679. A. H. Advani. 2004. p. 69 – via University of Virginia.
  52. ↑ "Radico Khaitan to buy Brihans's IMFL brands". The Times of India . 4 October 2005. Archived from the original on 12 December 2017. Retrieved 9 October 2022.
  53. ↑ Limaye, S. L. (5 November 1979). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Pune. p. ii.
  54. ↑ Tupe, S. D. (23 October 1980). Impact of Sugar Factories on the Rural Economy: A Case Study (Ph.D. thesis). Pune: Gokhale Institute of Politics and Economics. p. 12. Retrieved 19 February 2024.
  55. ↑ Business India. Vol. 674–679. A. H. Advani. 2004. p. 62 – via University of Virginia.
  56. ↑ "Brihan's sponsor Dadar tourney" . The Times of India . 6 April 1984. p. 10. Retrieved 18 February 2024– via Bodleian Libraries.
  57. ↑ "Brihans to sponsor squash tournament" . The Times of India . Mumbai. 14 November 1986. p. 12. Retrieved 18 February 2024– via Bodleian Libraries.
  58. ↑ Mulani, Sikandar S. Socio Economic Development in Solapur District. Lulu.com. p. 196. ISBN   978-1-312-37394-5 . Retrieved 14 January 2022.
  59. ↑ Defence Management. Vol. 16. Institute of Defence Management. 1989. Retrieved 14 January 2022– via University of Illinois Urbana-Champaign.
  60. ↑ Kelkar, Siddhart (4 January 2009). "Friends recall royal Agashe despite taint". The Indian Express . Pune . Retrieved 9 October 2022.
  61. ↑ Beckman, Robert (September 1991). "Technology projects target Indian firms". Frontline . 13 (8). Columbia University: United States Agency for International Development: 12–13.
  62. ↑ Agashe, D. C. (3 October 1992). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Pune. p. 1.
  63. ↑ Agashe, D. C. (9 August 1995). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Pune. p. 2.
  64. ↑ Barve, Vartak & Belvalkar 2002, pp. 1–2.
  65. ↑ Agashe, D. C. (8 August 1997). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Pune. p. 2.
  66. ↑ "The Brihan Maharashtra Sugar Syndicate Ltd. - Company details". ZaubaCorp.com. 11 July 2021. Retrieved 17 January 2022.
  67. ↑ "Rain hampers Brihans Cup proceedings". The Indian Express . Pune. Express News Service. 28 September 1998. Retrieved 17 August 2022.
  68. ↑ Limaye, Y. D. (2 August 1999). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Pune. p. 3.
  69. ↑ Seshan, Sekhar (5–18 January 2004). "A New High". Business India . A. H. Advani: 69–70. ISSN   0254-5268. OCLC   4525594 . Retrieved 16 February 2024– via University of Virginia.
  70. ↑ "Quadrant, Pune, wins Brihans Natural's Clean Comb". Agency FAQs. Mumbai. 11 July 2001.
  71. ↑ Limaye, Y. D. (23 August 2001). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Pune. p. 1.
  72. ↑ Panda, H. (7 February 2002). Handbook On Chemical Industries (Alcohol Based). Asia Pacific Business Press Inc. p. 279. ISBN   978-81-7833-067-9 . Retrieved 14 January 2022.
  73. ↑ Athale, Gouri (6 April 2007). "Brihans group, Australian wine co to sign JV soon". The Economic Times . Pune. Archived from the original on 12 December 2017. Retrieved 9 October 2022.
  74. ↑ "Howling Wolves ties up with BMSS to market wines". The Hindu . Pune. Business Line. 1 June 2005. Archived from the original on 12 July 2021. Retrieved 19 August 2016.
  75. ↑ Athale, Gouri (5 July 2005). "Venkateshwara Hatcheries to enter wine business". The Economic Times . Pune. Archived from the original on 12 December 2017. Retrieved 9 October 2022.
  76. ↑ "Now, Australian wine for India". The Times of India . Pune. Times News Network. 30 May 2005. Retrieved 17 August 2022.
  77. ↑ "Radico acquires eight brands from Brihans" . The Times of India . 30 September 2005. Retrieved 9 October 2022.[ dead link ]
  78. ↑ Unnikrishnan, C. H. (22 October 2005). "Radico Khaitan plans Rs 85 cr grain distillery". Business Standard . Mumbai . Retrieved 14 February 2017.
  79. ↑ Kurian, Boby (30 September 2005). "Radico buys Brihans brands for Rs 35 crore" . The Economic Times . Washington, D. C. Tribune Content Agency. ProQuest   461499429 . Retrieved 9 October 2022– via ProQuest.
  80. ↑ Limaye, Y. D. (3 August 2009). Director's Report of the Brihan Maharashtra Sugar Syndicate (Report). Pune. p. 1.
  81. ↑ "Radico Khaitan to acquire Brihan's IMFL brands". Business Standard . Mumbai. Press Trust of India. 25 January 2013.
  82. ↑ Mahajani, Urvi (21 May 2014). "Bombay high court relief to Tango country liquor maker". Daily News & Analysis . Mumbai.
  83. ↑ "आशुतोष आगाशे श्रीपूरकरांच्या मदतीला धावले" [Ashutosh Agashe rushed to aid Shreepurkars]. Tarun Bharat (in Marathi). 9 May 2021.
  84. ↑ "आशुतोष आगाशे यांच्या कडून श्री. सेवा हॉस्पिटलला ऑक्सिजन कंसन्ट्रेटर" [Oxygen concentrators gifted to Shree Seva Hospital by Ashutosh Agashe]. Surajya (in Marathi). 12 May 2021.

Bibliography

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.