Piccadily Sugar & Allied Inds Ltd
NSE: PICCADSUG BSE: 507498
₹31.28
+1.34 (4.48%)
Thu, 29 Oct 2026, 00:45 am
Market Cap (in Cr)72.74
PE Ratio92.71
Dividend0
Process Industries
Agricultural Commodities/Milling
24.5KPiccadily Sugar & Allied Inds Ltd Company 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.
