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Rajshree Sugars & Chemicals Ltd
NSE: RAJSREESUG BSE: 500354
₹31.41
(3.09%)
Fri, 19 Jun 2026, 05:08 pm
Market Cap (in Cr)107.82
PE Ratio91.57
Dividend0
Company History
1985
- The company was incorporated on 13th December at Chennai.
- The company undertook to set up a sugar plant to crush 2500 TPD of cane and produce 250 TPD of sugar.
1990
- 6,550 shares were subscribed for by signatories to the Memorandum of Association.
- 95,43,450 equity shares were issued for cash at par.
- Additional 9,90,850 shares were allotted to retain oversubscription.
1991
- The company received a letter of intent for establishing a distillery unit.
- The government allotted molasses for the proposed distillery unit.
1992
- The company offered 1,05,850 equity shares on a rights basis.
1993
- 1,05,40,850 equity shares were allotted to shareholders on a rights basis.
1995
- The company implemented the first phase of a co-generation system with an installed capacity of 12 MW.
1996
- The company acquired assets relating to the Textile Mill from Rajshree Spinning Mills Ltd.
- 16,10,000 equity shares were allotted to Financial Institutions on conversion of loans.
2000
- The company entered into an agreement for the sale of the Textile Division.
2003
- Mr. R Varadaraj was appointed as an additional Director of the Company.
2004
- The company delisted shares from Delhi, Ahmedabad, and Madras Stock Exchanges.
2010
- Dr. K. Mohan Naidu was appointed as Director of the Company.
2011
- Mr. R S Gowdhaman was appointed as the Company Secretary and Compliance Officer.
2012
- The company granted stock options to employees under the Employee Stock Option Plan 2012.