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Indian Sucrose Ltd logo

Indian Sucrose Ltd

NSE: OSWALSUG BSE: 500319

₹78.90

(0.51%)

Thu, 17 Sept 2026, 09:41 pm

Company History

1990

  • The company was incorporated as a public limited company on 12th December.
  • The Certificate of Commencement of business was obtained on 18th December.

1992

  • The company set up a plant for the manufacture of white crystal sugar with an installed capacity of 2500 TCD.
  • Commercial production commenced from 1st November.

1993

  • Sales amounted to Rs 37.40 crores.
  • The production of sugar was 22,282 tonnes at an average recovery of 8.89%.
  • The company offered 45,00,000 zero-interest secured partly convertible debentures.

1994

  • Sales decreased to Rs 29.56 crores due to low capacity utilisation and market depression.
  • Production amounted to 23,640 tonnes at an average recovery of 8.96%.
  • The company proposed to increase the sugar plant capacity to 3,500 TCD.
  • 33,21,800 equity shares of Rs 10 each were allotted to warrant holders opting for conversion.

1995

  • Sales increased to Rs 39.57 crores.
  • Production amounted to 36,805 tonnes in 146 crushing days.
  • 12,70,000 equity shares of Rs 10 each were allotted to IFCI and ICICI.

1996

  • The company produced 49,998 tonnes of sugar in 209 crushing days.

2005

  • Indian Sucrose acquired Cosmos Industries Ltd, Dhuri.
  • The company expanded its capacity from 3500 TCD to 5000 TCD.

2006

  • Indian Sucrose entered into retail packaging of sugar with SWEETO.
  • The company expanded the capacity of its sugar plant at Mukerian from 5000 TCD to 7500 TCD.
  • Indian Sucrose entered into a CDM Project to earn Carbon Credits.

2007

  • The company designated an E-mail ID for redressal of investor grievances.
  • The company entered into the list of successfully registered CDM Projects in India and became eligible to accrue and sell carbon credits.

2010

  • Mr. Kunal Singh was appointed as the Managing Director of the company.

2011

  • The company appointed Mr. Manish Kumar Dixit as its Company Secretary and Compliance Officer.

2013

  • The company appointed Mr. Sanjay Singh as an Additional Director.
  • The company appointed Mr. Ravinder Sharma as its Chief Financial Officer.

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