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Kothari Sugars & Chemicals Ltd

NSE: KOTARISUG BSE: 507190

₹22.95

(-1.16%)

Sun, 05 Apr 2026, 04:00 am

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Company History

1960

  • 4,00,000 shares were offered for public subscription in December

1961

  • Kothari Sugars And Chemicals Ltd was established with a sugar Mill in Kattur village of Trichy District
  • 4,00,000 shares subscribed for by directors, their friends, etc.
  • 4,00,000 shares were offered for public subscription in December 1960

1971

  • A new sugar factory with a daily crushing capacity of 1,500 tonnes of cane was set up at Siruguppa in Karnataka State
  • 8,00,000 rights shares were issued at par

1973

  • The Siruguppa factory commenced crushing operations on 24th December

1983

  • The assets and liabilities of the Siruguppa unit were transferred to a wholly owned subsidiary

1986

  • The Company received a letter of intent for the manufacture of polybutenes
  • Government approval was awaited for the manufacture of nitroaromatics

1987

  • The Company undertook to further modernise the sugar plant at Kattur
  • Necessary steps were taken for the implementation of the polybutene project
  • The Company entered into a technical collaboration agreement with M/s. Cosden Technology Inc., U.S.A.

1988

  • 24,00,000 equity shares were issued at par as rights
  • The Company's investments in the subsidiary were disposed off in November

1989

  • The Company implemented a project at Manali near Chennai for manufacture of 5,000 TPA of polybutene
  • The Company undertook to set up a PNCB/ONCB project at Karaikal

1990

  • The manufacture of 5,000 TPA of polybutene production plant was commissioned on 21st March
  • Commercial production commenced in April

1991

  • The Company undertook to set up a distillery unit at Kattur
  • The Company offered 1,85,000-16% secured redeemable partly convertible debentures to the shareholders on rights basis

1992

  • Production of polybutene improved to 4,442 tonnes
  • Exports of polybutene commenced and 147 tonnes were exported
  • 54,21,250 equity shares were allotted in part conversion of 16% debentures
  • PNCB/ONCB Project commercial production commenced in April
  • 3107 tonnes of PNCB/ONCB were produced

1993

  • Production of polybutene declined to 3,735 tonnes
  • Production of cable jelly compounds and leather chemicals was undertaken in small quantities
  • 48,95,475 equity shares were issued as rights

1994

  • Polybutene unit's production amounted to 4,645 tonnes
  • The nitroaromatics division produced 6551 tonnes and 7049 tonnes of PNCB and ONCB respectively
  • Production of nitric acid from the newly amalgamated plant led to a production 2278 tonnes
  • 42.95 lakh litres of industrial alcohol was produced
  • The capacity at the Kattur factory was expanded to 2900 tonnes capacity per day
  • Inorganics India Ltd. was amalgamated with the Company effective 1st April

1995

  • The capacity of the Sugar Unit at Kattur was being expanded to 4,000 TCD
  • The Company introduced an improved sugarcane milling technology
  • Polybutene units production declined to 3,869 tonnes
  • Nitroaromatics division achieved a production of 8,628 tonnes of NCB
  • Production of nitric acid improved to 9,085 tonnes
  • Production of industrial alcohol improved to 56 lakh litres
  • 195,279 equity shares were allotted to the shareholders of Inorganics India Ltd. on amalgamation with the Company

1996

  • One turbine of the co-gen plant was commissioned and started exporting power
  • Polybutenes unit achieved a record production of 5,401 tonnes
  • Nitroaromatics division achieved a production of 11,434 tonnes of NCB
  • Nitric acid unit achieved a record production of 12,858 tonnes
  • Production of Industrial alcohol increased to 68 lakh litres
  • Nitroaromatics plant capacity was expanded to 18 tonnes per day

1997

  • The 2 nos. MW Cogeneration Turbines were commissioned
  • The Chemical Division suffered a major setback due to shut down of the plant on account of non supply of feed

2002

  • Kothari Sugars and Chemicals Ltd received ISO 14001 certification for its polybutene plant at Manali

2003

  • Mr. V R Deenadayalu and Mr. P N Devarajan were appointed as Directors of the Company

2013

  • Mr.P.S.Balasubramaniam was appointed as Independent Director

2014

  • The company recommended the payment of Final Dividend at 5% per share on face value Rs.10/- each

2015

  • Kattur Sugar unit of the Company commenced its operations.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800