World Mourns As Old Monk Founder Kapil Mohan Breathes His Last At 88

News World India | 0
| January 9 , 2018 , 12:43 IST

The man behind the creation of iconic rum Old Monk, Brigadier (retd.) Kapil Mohan passed away at the age of 88 on January 6 at his Ghaziabad residence. Reports suggest that the deceased was suffering from prolonged illness and lost his life to cardiac arrest.

The former Chairman and MD of Mohan Meakin Ltd - a multi-faceted business house with a turnover of over Rs 400 crore, led his company through much-needed diversification after taking over the reins of the erstwhile Dyer Meakin Breweries.

The Padma Shri recipient is survived by his wife Pushpa Mohan, who supported him throughout his journey right from the launch of world's largest selling rum for a long time. Old Monk was the biggest Indian Made Foreign Liquor brand for many years.

Due to the dropping sales by 54% between 2010 and 2014, speculations regarding the company taking its bestselling beverage off the market are high in the air. Reportedly, Old Monk was only able to sell 3.9 million cases of the rum in 2014, which were quarter to their 1960s sales.

Mohan was highly admired by his colleagues for his hard work and the manner in which he carried forward the legacy of his brother V R Mohan and father N N Mohan. Under his leadership, the company commenced three distilleries, two breweries and many new franchises in India.