Incorporated in 1984, Chambal Breweries and Distilleries was promoted by Parasram Jhamnani._x000D_ _x000D_ The company trades in Indian-made foreign liquor (IMFL), beer and country liquor._x000D_ _x000D_ The company markets its products throughout the country, through wholesalers and retailers. It deals directly with bulk consumers like armed forces and para military forces. During 1994-95, the company took over a partnership concern engaged in trading liquor. It has the sole selling rights for IMFL, beer and liquor of six companies._x000D_ _x000D_ The company is coming out with a rights issue of 20,00,000, 14% Unsecured Fully Convertable Debenture of Rs.70/- each for cash at par with one Detachable Equity Warrant per FCD aggregating Rs.1400 Lacs in the ratio of One FCD for One Equity Share held._x000D_