Shaw Wallace - Revision history

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	==External links==		==External links==
	~~{{Portal\|Companies\|Drink}}~~
	* [http://www.shawwallace.com/ Shaw Wallace]		* [http://www.shawwallace.com/ Shaw Wallace]
	* [http://www.thehindubusinessline.in/2003/12/17/stories/2003121700280600.htm Shaw Wallace back on growth curve - ''The Hindu'']		* [http://www.thehindubusinessline.in/2003/12/17/stories/2003121700280600.htm Shaw Wallace back on growth curve - ''The Hindu'']

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← Older revision		Revision as of 09:50, 4 September 2021
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	On 21 March 2005, UB Group increased their ownership of Shaw Wallace to 54.54%. Since Manu Chhabria had died three years earlier, the deal was approved by his widow Vidya Chhabria.<ref name="telegraphindia1">{{cite web\|url=http://www.telegraphindia.com/1050322/asp/business/story_4522815.asp \|title=Mallya bottles Shaw Wallace \|publisher=[[The Telegraph (Calcutta)\|The Telegraph]] \|date=22 March 2005 \|accessdate=9 June 2013}}</ref><ref name="telegraphindia2">{{cite web\|url=http://www.telegraphindia.com/1080425/jsp/business/story_9185627.jsp \|title=Shaw Wallace braces for final battle \|publisher=[[The Telegraph (Calcutta)\|The Telegraph]] \|date=25 April 2008 \|accessdate=9 June 2013}}</ref> SWC's breweries and beer business was acquired by [[SABMiller]]. Royal Challenge beer, which is mainly sold in the state of [[Andhra Pradesh]], is with [[SABMiller]].		On 21 March 2005, UB Group increased their ownership of Shaw Wallace to 54.54%. Since Manu Chhabria had died three years earlier, the deal was approved by his widow Vidya Chhabria.<ref name="telegraphindia1">{{cite web\|url=http://www.telegraphindia.com/1050322/asp/business/story_4522815.asp \|title=Mallya bottles Shaw Wallace \|publisher=[[The Telegraph (Calcutta)\|The Telegraph]] \|date=22 March 2005 \|accessdate=9 June 2013}}</ref><ref name="telegraphindia2">{{cite web\|url=http://www.telegraphindia.com/1080425/jsp/business/story_9185627.jsp \|title=Shaw Wallace braces for final battle \|publisher=[[The Telegraph (Calcutta)\|The Telegraph]] \|date=25 April 2008 \|accessdate=9 June 2013}}</ref> SWC's breweries and beer business was acquired by [[SABMiller]]. Royal Challenge beer, which is mainly sold in the state of [[Andhra Pradesh]], is with [[SABMiller]].

	During 2006–07, Shaw Wallace & Company Ltd recorded a net sales turnover of Rs 1388.5 million, (Rs 1155.2 million in 2005–06), total income of Rs 2321.5 million (Rs 2933.8 million in 2005–06), while the profit after tax was Rs 820.7 million (Rs 468.6 million in 2005–06). Director S.R. Gupte announced on 29 September 2007 that merger talks would soon get underway between United Spirits and Shaw Wallace.<ref>{{cite web\|url=http://www.thehindubusinessline.com/todays-paper/tp-corporate/shaw-wallace-united-spirits-to-discuss-merger/article1670717.ece \|title=Shaw Wallace, United Spirits to discuss merger \|publisher=[[Business Line]] \|date=30 September 2007 \|accessdate=9 June 2013}}</ref><ref>{{cite ~~web~~\|url=http://www.business-standard.com/article/companies/shaw-wallace-to-merge-with-ub-group-107112901014_1.html \|title=Shaw Wallace to merge with UB Group \|publisher=[[Business Standard]] \|date=29 November 2007 \|accessdate=9 June 2013}}</ref> The merger was later approved by the Shaw Wallace board of directors.<ref>{{cite web\|url=http://www.hindu.com/2007/11/30/stories/2007113057352000.htm \|archive-url=https://web.archive.org/web/20071202131538/http://www.hindu.com/2007/11/30/stories/2007113057352000.htm \|url-status=dead \|archive-date=2 December 2007 \|title=Shaw Wallace board okays merger with USL \|work=[[The Hindu]] \|date=30 November 2007 \|accessdate=9 June 2013}}</ref>		During 2006–07, Shaw Wallace & Company Ltd recorded a net sales turnover of Rs 1388.5 million, (Rs 1155.2 million in 2005–06), total income of Rs 2321.5 million (Rs 2933.8 million in 2005–06), while the profit after tax was Rs 820.7 million (Rs 468.6 million in 2005–06). Director S.R. Gupte announced on 29 September 2007 that merger talks would soon get underway between United Spirits and Shaw Wallace.<ref>{{cite web\|url=http://www.thehindubusinessline.com/todays-paper/tp-corporate/shaw-wallace-united-spirits-to-discuss-merger/article1670717.ece \|title=Shaw Wallace, United Spirits to discuss merger \|publisher=[[Business Line]] \|date=30 September 2007 \|accessdate=9 June 2013}}</ref><ref>{{cite news\|url=http://www.business-standard.com/article/companies/shaw-wallace-to-merge-with-ub-group-107112901014_1.html \|title=Shaw Wallace to merge with UB Group \|newspaper=Business Standard India \|publisher=[[Business Standard]] \|date=29 November 2007 \|accessdate=9 June 2013}}</ref> The merger was later approved by the Shaw Wallace board of directors.<ref>{{cite web\|url=http://www.hindu.com/2007/11/30/stories/2007113057352000.htm \|archive-url=https://web.archive.org/web/20071202131538/http://www.hindu.com/2007/11/30/stories/2007113057352000.htm \|url-status=dead \|archive-date=2 December 2007 \|title=Shaw Wallace board okays merger with USL \|work=[[The Hindu]] \|date=30 November 2007 \|accessdate=9 June 2013}}</ref>

	==Sega Mega Drive==		==Sega Mega Drive==
	In India, distribution of the [[Sega Mega Drive]] was handled by Shaw Wallace Electronics, with the products being sold for {{INRConvert\|18000}}.<ref name ="Sega">{{cite web \| url=http://articles.timesofindia.indiatimes.com/2011-08-19/india-business/29905012_1_video-gaming-sega-playstation \| archive-url=https://web.archive.org/web/20130430205311/http://articles.timesofindia.indiatimes.com/2011-08-19/india-business/29905012_1_video-gaming-sega-playstation \| url-status=dead \| archive-date=30 April 2013 \| title=Game for success \| work=[[The Times of India]] \| date=19 August 2011 \| accessdate=9 June 2013 \| author=Zachariah, Reeba}}</ref> [[Sega]] entered the partnership in the northern hemisphere in April 1994.<ref>https://www.indiatoday.in/magazine/economy/story/19940430-shaw-wallace-to-manufacture-market-sega-tv-games-in-india-810502-1994-04-30</ref> Shaw Wallace started manufacturing consoles in India from spring 1995, because Sega wanted to circumvent an 80% import tariff.<ref>[https://books.google.com/books?id=jFnvAAAAMAAJ&q=%22Shaw+Wallace%22+Sega&dq=%22Shaw+Wallace%22+Sega&hl=en&ei=Nn-xTvG8OcKatwejs6GqAg&sa=X&oi=book_result&ct=book-thumbnail&resnum=2&ved=0CDsQ6wEwAQ Screen digest]." [[Screen Digest Ltd.]], 1995. Retrieved from [[Google Books]] on 2 November 2011. "Sega tackles Indian market with local maker From February 1993, Sega will start manufacturing video games consoles in India with local partner Shaw Wallace. Move will circumvent 80 per cent import tariff on games units which currently[...]"</ref> The distribution of Sega products was acquired by Maze Marketing (now Mitashi Edutainment) in 1995.<ref name ="Sega"/>		In India, distribution of the [[Sega Mega Drive]] was handled by Shaw Wallace Electronics, with the products being sold for {{INRConvert\|18000}}.<ref name ="Sega">{{cite web \| url=http://articles.timesofindia.indiatimes.com/2011-08-19/india-business/29905012_1_video-gaming-sega-playstation \| archive-url=https://web.archive.org/web/20130430205311/http://articles.timesofindia.indiatimes.com/2011-08-19/india-business/29905012_1_video-gaming-sega-playstation \| url-status=dead \| archive-date=30 April 2013 \| title=Game for success \| work=[[The Times of India]] \| date=19 August 2011 \| accessdate=9 June 2013 \| author=Zachariah, Reeba}}</ref> [[Sega]] entered the partnership in the northern hemisphere in April 1994.<ref>{{Cite web\|url=https://www.indiatoday.in/magazine/economy/story/19940430-shaw-wallace-to-manufacture-market-sega-tv-games-in-india-810502-1994-04-30\|title = Shaw Wallace to manufacture and market Sega TV games in India}}</ref> Shaw Wallace started manufacturing consoles in India from spring 1995, because Sega wanted to circumvent an 80% import tariff.<ref>[https://books.google.com/books?id=jFnvAAAAMAAJ&q=%22Shaw+Wallace%22+Sega&dq=%22Shaw+Wallace%22+Sega&hl=en&ei=Nn-xTvG8OcKatwejs6GqAg&sa=X&oi=book_result&ct=book-thumbnail&resnum=2&ved=0CDsQ6wEwAQ Screen digest]." [[Screen Digest Ltd.]], 1995. Retrieved from [[Google Books]] on 2 November 2011. "Sega tackles Indian market with local maker From February 1993, Sega will start manufacturing video games consoles in India with local partner Shaw Wallace. Move will circumvent 80 per cent import tariff on games units which currently[...]"</ref> The distribution of Sega products was acquired by Maze Marketing (now Mitashi Edutainment) in 1995.<ref name ="Sega"/>

	==References==		==References==

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{{short description|Indian liquor manufacturer}}
{{Use Indian English|date=February 2014}}
{{Use dmy dates|date=January 2014}}
{{Infobox company
| name = Shaw Wallace & Company Limited
| logo = Shaw logo.jpeg
| caption =
| trading_name = 
| type = Public company
| traded_as = {{unbulleted list|{{BSE|501379}}|{{NSE|SHAWALLACEBE}}}}
| industry = Beverages
| genre = 
| fate = Merged with [[United Spirits Ltd]]<ref>{{cite web | url=http://www.indiainfoline.com/Markets/Company/Background/Company-Profile/United-Spirits-Ltd/532432 | title=United Spirits Ltd | publisher=IndiaInfoline | accessdate=9 June 2013}}</ref>
| successor =
| foundation = [[British Raj]] ({{Start date|1886}})
| founder = Robert Gordon Shaw
| defunct =
| location_city = Wallace House, [[Kolkata]],<br />[[West Bengal]]
| location_country = India
| locations = 
| area_served =
| key_people =
| products = Brewery, alcoholic beverages
| production =
| revenue =
| operating_income =
| net_income =
| aum = 
| assets =
| equity =
| owner =
| num_employees =
| parent =
| divisions =
| subsid =
| homepage = 
| footnotes =
}}

'''Shaw Wallace & Company Limited''', abbreviated to '''SWC''', is an Indian liquor manufacturer headquartered in the Wallace House in [[Kolkata, West Bengal]]. It was established in 1886 by Robert Gordon Shaw and Charles William Wallace.<ref name="shawwallace1">"[http://www.shawwallace.com/feedback.html Get In Touch]." Shaw Wallace. Retrieved on 2 November 2011. " Please Send us your Feedback on : Shaw Wallace & Company Ltd. Wallace House 4 ,Bankshall Street Kolkata-700001"</ref> It was involved in the production and sales of [[Indian Made Foreign Liquor]] (IMFL). The two biggest brands of SWC were [[Royal Challenge]] whisky and [[Director's Special (whisky)|Director's Special]] whisky.<ref name="thehindubusinesslineicici">{{cite web|url=http://www.thehindubusinessline.com/todays-paper/tp-marketing/radico-mason-bda-in-fray-for-part-of-swc-liquor-biz-icici-bank-talking-to-suitors/article2178930.ece |title=Radico, Mason, BDA in fray for part of SWC liquor biz ICICI Bank talking to suitors |publisher=[[Business Line]] |date=31 May 2005 |accessdate=9 June 2013}}</ref>

In mid-2005, SWC's spirits business was acquired by the [[United Breweries Group]] (UB Group) and its breweries and beer business was acquired by [[SABMiller]]. On 1 April 2008, Shaw Wallace was merged with [[United Spirits Ltd]], a subsidiary of the UB Group.

==History==
Shaw Wallace & Company Limited was established in 1886 by Robert Gordon Shaw and Charles William Wallace (1855–1916).<ref name="shawwallace1"/><ref>{{cite web|title=Charles Wallace India Trust Scholarships {{!}} British Council|url=https://www.britishcouncil.in/study-uk/scholarships/charles-wallace-india-trust-scholarships|website=www.britishcouncil.in|accessdate=12 March 2018|language=en}}</ref> Prior to 1999, SWC was into diversified businesses, which it shed as part of a restructuring plan. It 1999, it sold Calcutta Chemicals Ltd and Detergents India Ltd to [[Henkel SPIC]].<ref>{{cite web|url=http://www.thehindubusinessline.in/2003/12/03/stories/2003120302160200.htm |title=Henkel SPIC mulls reverse merger with Calcutta Chem |publisher=[[Business Line]] |date=3 December 2003 |accessdate=9 June 2013}}</ref>

On 21 March 2005, UB Group increased their ownership of Shaw Wallace to 54.54%. Since Manu Chhabria had died three years earlier, the deal was approved by his widow Vidya Chhabria.<ref name="telegraphindia1">{{cite web|url=http://www.telegraphindia.com/1050322/asp/business/story_4522815.asp |title=Mallya bottles Shaw Wallace |publisher=[[The Telegraph (Calcutta)|The Telegraph]] |date=22 March 2005 |accessdate=9 June 2013}}</ref><ref name="telegraphindia2">{{cite web|url=http://www.telegraphindia.com/1080425/jsp/business/story_9185627.jsp |title=Shaw Wallace braces for final battle |publisher=[[The Telegraph (Calcutta)|The Telegraph]] |date=25 April 2008 |accessdate=9 June 2013}}</ref> SWC's breweries and beer business was acquired by [[SABMiller]]. Royal Challenge beer, which is mainly sold in the state of [[Andhra Pradesh]], is with [[SABMiller]].

During 2006–07, Shaw Wallace & Company Ltd recorded a net sales turnover of Rs 1388.5 million, (Rs 1155.2 million in 2005–06), total income of Rs 2321.5 million (Rs 2933.8 million in 2005–06), while the profit after tax was Rs 820.7 million (Rs 468.6 million in 2005–06). Director S.R. Gupte announced on 29 September 2007 that merger talks would soon get underway between United Spirits and Shaw Wallace.<ref>{{cite web|url=http://www.thehindubusinessline.com/todays-paper/tp-corporate/shaw-wallace-united-spirits-to-discuss-merger/article1670717.ece |title=Shaw Wallace, United Spirits to discuss merger |publisher=[[Business Line]] |date=30 September 2007 |accessdate=9 June 2013}}</ref><ref>{{cite web|url=http://www.business-standard.com/article/companies/shaw-wallace-to-merge-with-ub-group-107112901014_1.html |title=Shaw Wallace to merge with UB Group |publisher=[[Business Standard]] |date=29 November 2007 |accessdate=9 June 2013}}</ref> The merger was later approved by the Shaw Wallace board of directors.<ref>{{cite web|url=http://www.hindu.com/2007/11/30/stories/2007113057352000.htm |archive-url=https://web.archive.org/web/20071202131538/http://www.hindu.com/2007/11/30/stories/2007113057352000.htm |url-status=dead |archive-date=2 December 2007 |title=Shaw Wallace board okays merger with USL |work=[[The Hindu]] |date=30 November 2007 |accessdate=9 June 2013}}</ref>

==Sega Mega Drive==
In India, distribution of the [[Sega Mega Drive]] was handled by Shaw Wallace Electronics, with the products being sold for {{INRConvert|18000}}.<ref name ="Sega">{{cite web | url=http://articles.timesofindia.indiatimes.com/2011-08-19/india-business/29905012_1_video-gaming-sega-playstation | archive-url=https://web.archive.org/web/20130430205311/http://articles.timesofindia.indiatimes.com/2011-08-19/india-business/29905012_1_video-gaming-sega-playstation | url-status=dead | archive-date=30 April 2013 | title=Game for success | work=[[The Times of India]] | date=19 August 2011 | accessdate=9 June 2013 | author=Zachariah, Reeba}}</ref> [[Sega]] entered the partnership in the northern hemisphere in April 1994.<ref>https://www.indiatoday.in/magazine/economy/story/19940430-shaw-wallace-to-manufacture-market-sega-tv-games-in-india-810502-1994-04-30</ref> Shaw Wallace started manufacturing consoles in India from spring 1995, because Sega wanted to circumvent an 80% import tariff.<ref>[https://books.google.com/books?id=jFnvAAAAMAAJ&q=%22Shaw+Wallace%22+Sega&dq=%22Shaw+Wallace%22+Sega&hl=en&ei=Nn-xTvG8OcKatwejs6GqAg&sa=X&oi=book_result&ct=book-thumbnail&resnum=2&ved=0CDsQ6wEwAQ Screen digest]." [[Screen Digest Ltd.]], 1995. Retrieved from [[Google Books]] on 2 November 2011. "Sega tackles Indian market with local maker From February 1993, Sega will start manufacturing video games consoles in India with local partner Shaw Wallace. Move will circumvent 80 per cent import tariff on games units which currently[...]"</ref> The distribution of Sega products was acquired by Maze Marketing (now Mitashi Edutainment) in 1995.<ref name ="Sega"/>

==References==
{{reflist}}

==External links==
{{Portal|Companies|Drink}}
* [http://www.shawwallace.com/ Shaw Wallace]
* [http://www.thehindubusinessline.in/2003/12/17/stories/2003121700280600.htm Shaw Wallace back on growth curve - ''The Hindu'']
{{United Spirits}}

[[Category:Manufacturing companies based in Kolkata]]
[[Category:Food and drink companies established in 1886]]
[[Category:Distilleries in India]]
[[Category:Indian companies established in 1886]]
[[Category:United Breweries Group]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]