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Piccadily Sugar & Allied Inds Ltd logo

Piccadily Sugar & Allied Inds Ltd

NSE: PICCADSUG BSE: 507498

₹33.88

(4.63)%

Tue, 03 Feb 2026, 08:18 am

piccadily sugarallied inds ltd History

1993

  • The company was incorporated as a Public limited company on 15th March.
  • The company was promoted by Punjab State Industrial Development Corporation (PSIDC).
  • The company manufactured white crystal sugar.
  • The letter of intent was issued by Ministry of Industry, Govt. of India in favour of Punjab State Federation of Co-operative Sugar Mills Ltd.
  • The Sugar factory was set up with an installed capacity of 2500 TCD extendable to 3500 TCD with co-generation of power.
  • The company issued 17% Partly convertible debentures of Rs 20 crores to Financial Institutions and Mutual Funds on preferential basis.

1994

  • 55,09,000 shares were allotted to promoters, their friends and relatives.
  • 33,00,000 shares were issued to PSICD.
  • 1,32,00,000 shares were issued through prospectus.
  • The company entered into an agreement with The Triveni Engg. Works Ltd. for supply of complete machinery and equipment on turnkey basis.

1995

  • 25,00,000 No. of Equity shares of Rs 10 each were issued on conversion of part - A of PCDs.
  • The company used Bagasse as fuel in common boilers for generation of steam.

1998

  • Production was adversely affected due to floods, late rains, fog and bad weather.
  • The company issued 17% Partly Convertible debentures of Rs 20 crores to Financial Institutions and Mutual Funds on preferential basis.

2010

  • Piccadily Sugar & Allied Industries Ltd appointed Sh. N. P. Gupta as Special Director on the Board of Directors of the Company.

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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