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About Tahmar
A listed Indian company with a grain distillery in the Kolhapur district, and the licences to turn its spirit into the liquor Maharashtra drinks.
Who we are
Tahmar Enterprises Limited operates a 45 KLPD grain-based distillery at Beradwadi, Taluka Gadhinglaj, in the Kolhapur district of Western Maharashtra. The plant converts maize, jowar, broken rice and other grain into rectified spirit and extra neutral alcohol, recovers distillers' grain as high-protein animal feed, and is licensed to bottle country liquor and Indian Made Foreign Liquor on site.
The company was incorporated in 1991 as Sarda Papers Limited. Its equity shares are listed on BSE Limited under scrip code 516032.
To be India’s most trusted home for spirits brands, our own and our partners’.
- Quality. Every bottle made to the standard of the world’s best.
- Partnership. A licensed home in India for brands from anywhere.
- Responsibility. The whole grain used, every litre of water returned, our neighbours respected.
- Value. Steady, lasting returns for our shareholders and our people.
Our journey
From a paper company to a licensed grain distillery.
- 1991Incorporated as Sarda Papers Limited
The company is incorporated and makes coated paper for the next eighteen years.
- 2009Paper operations suspended
Paper manufacturing stops and the company looks for a new business.
- December 2022A new name and new objects
Members approve, by postal ballot, new main objects and the name Tahmar Enterprises Limited.
- March 2023The distillery is acquired
Tahmar acquires the grain distillery at Beradwadi, Gadhinglaj, through a business transfer agreement. The conveyance is registered in April 2024.
- January 2026Fresh Consent to Operate
The Maharashtra Pollution Control Board grants a Consent to Operate in Tahmar's name, valid to 2029, for the full product slate.
- May 2026Distillation licences renewed
The Commissioner of State Excise renews the grain distillation and denatured spirit licences for 2025-26 and 2026-27.
- July 2026Tahmar Energy launched
Tahmar enters renewable energy with Tahmar Energy, which lets consumers own solar plants in off-site farms.
- August 2026IMFL sanction and bottling approval
The Home Department sanctions a licence to make IMFL from grain spirit, and bottling is approved. The bottling line is ready for commissioning.
Board and leadership
The Board of Directors and key managerial personnel.

Committee composition, policies and governance reports are in the investor centre.
Where we operate
Our plant is in the grain and sugarcane country of south-west Maharashtra, near the Karnataka and Goa borders.
Plant and registered office
Survey No. 990/1, Beradwadi, Bhadgaon, Taluka Gadhinglaj, District Kolhapur, Maharashtra 416502
Corporate office
Unit 501-B, 5th Floor, Dempo Trade Centre, Patto, Panaji, Goa 403001
Stock exchange
BSE Limited, scrip code 516032
ISIN INE385D01029
Work with Tahmar.
Bottling partners, distributors, buyers of spirit and feed, and investors: we would like to hear from you.