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Dwarikesh Sugar Industries Ltd

NSE: DWARKESH BSE: 532610

₹44.03

(0.41%)

Sun, 21 Jun 2026, 03:11 am

Company History

2004

  • The company made a successful IPO, raising Rs. 32.50 Crores.

2005

  • The company commenced production of industrial alcohol-ethanol, with a 30 KL output per day.
  • The company had a successful last sugar year, ending September 30, 2005.

2006

  • The company will invest Rs 110 crore to add 5,500 tonne crushed per day capacity at Bahadurpur in Bijnor district in Uttar Pradesh.
  • The company earned a net profit of Rs. 26.59 Crores in the last sugar year, 172% more compared to the previous year.

2007

  • Dwarikesh Sugar Industries Limited has appointed Mr. V.S. Banka as Chief Financial officer.

2011

  • Dwarikesh Sugar Industries Limited has registered with NLDC for generation of Renewable Energy Certificates (REC).
  • Shri Vijay S. Banka has been appointed as Whole Time Director & CFO on their reappointment.

2012

  • The ethanol blending move has been a boon for sugar companies.
  • The Rangarajan panel has recommended lifting curbs on sugar decontrol.
  • The sugar surplus forecast has been cut at Kingsman as Indian output slides.

2013

  • The government has offered a sweetener for the sugar sector and will remove the levy.

2014

  • The company has decided to commence crushing operations for the season 2014-15 of all the Sugar units of the Company at the earliest.
  • Dwarikesh Sugar Industries Ltd's rating for Bank facilities of Rs. 599.99 crs. has been upgraded by ICRA from ICRA B to ICRA B+.

2017

  • The Company has split its face value from Rs. 10/- to Rs. 1/-.

2021

  • The company has embarked upon a project to set up a 175 KLPD distillery at its Dwarikesh Dham Unit, Dist. Bareilly, Uttar Pradesh.

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