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Ponni Sugars (Erode) Ltd logo

Ponni Sugars (Erode) Ltd

NSE: PONNIERODE BSE: 532460

₹303.70

(0.80%)

Sat, 30 May 2026, 03:28 am

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Company History

1984

  • The Erode sugar mill was set up with 1250 TCD capacity.

1994

  • The Erode sugar mill expanded its capacity to 2500 TCD.

2001

  • The Hon'ble High Court of Madras sanctioned a Demerger Scheme for Ponni Sugars (Erode) Limited on 10th September.

2004

  • Mr. Anubhav Aggarwal acquired 525,238 shares aggregating to 6.41% of the share capital of Ponni Sugars (Erode) Limited.

2005

  • Time Square Investments Pvt. Ltd acquired 270000 shares aggregating to 3.29% of the share capital of Ponni Sugars (Erode) Limited.

2010

  • Dr. Nanditha Krishna was appointed as an Additional Director of the Company.

2011

  • The Board of Directors appointed Mr. K. Bharathan as Additional Director.

2012

  • The Company commenced commercial production of cogeneration of power.
  • The Company recommended a dividend of Rs.2.50 per Equity Share for the financial year 2011-12.
  • The Erode sugar mill expanded its capacity to 3500 TCD.
  • The company commissioned a 19MW Cogeneration plant.

2013

  • The company appointed Mrs. Bharti Chhotubhai Pithawalla as Additional Director.
  • The company recommended a dividend of Rs. 1.50 per Equity share.

2014

  • The company recommended a dividend of Re. 0.60 per Equity Share.

2015

  • Ponni Sugars (Erode) Ltd decided to provide direct subsidy to sugarcane growers.