Sakthi Sugars Ltd
NSE: SAKHTISUG BSE: 507315
₹16.02
(1.71%)
Sun, 08 Mar 2026, 01:04 pm
Market Cap1.9B
PE Ratio12.11
Dividend0
Process Industries
Agricultural Commodities/Milling
24.5KCompany History
1961
- Incorporated at Pollachi Tamil Nadu; manufactures sugar and spirit by double sulphitation process.
1965
- Set up Hybrid Seed Department for high yielding hybrid seeds sorghum bajra maize.
- Hybrid Seed Department contracted ryots; installed mechanised seed processing at Arasur Coimbatore.
1974
- Erected neutral alcohol plant 550 gallons/day and absolute alcohol plant 100 gallons/day.
1977
- Raised dividend on 18,000 9.3% pref shares to 11% from October 12; extended redemption to October 11 1987.
1978
- Issued 500,000 equity shares privately; 400,000 taken up.
1979
- 61,940 additional equity shares from 1978-79 issue taken up.
1980
- 38,000 additional equity shares taken up.
1981
- Issued 1,843,180 rights equity shares at par.
1982
- Conducted special cotton seed production programme for Govt of Maharashtra.
1984
- Entered technical collaboration with SGN France for distillery effluent treatment.
- Entered agreement with B.S. Smogles SpA Italy for PVC corrugated rings manufacture.
1985
- Distillery operated 250 days with decline in alcohol production.
- Applied for licence for sugar factory at Sivaganga.
1986
- Received letter of intent for 2,500 TCD sugar factory at Siyaganan.
- Planned to increase cane area from 4,850 to 10,000 hectares.
1987
- Redeemed 6,000 11% preference shares on October 11.
1988
- Commissioned distillery effluent treatment plant on August 19; granted country-wide marketing rights by collaborators.
- Foundry affected by labour unrest May-June and power cuts.
1989
- Issued 23,13,640 equity shares on rights (5:8); 1,37,272 pref shares (2 pref:50 eq); 1,15,680 equity to employees.
- Pollution Control Division installed plants in 1-2 distilleries; supplied PVC rings to Punjab distillery.
- Commenced marketing drugs pharmaceuticals and allied products.
1990
- Installed three effluent treatment plants in distilleries.
- Took over management of 1,250 TCD co-operative sugar factory at Baramagara Orissa for 10 years.
- Revalued lands crediting Rs 994,000 to capital reserve.
1991
- Foundry division identified by Maruti Udyog for export components.
- Proposed soya bean project at Sakthinagar Complex.
- Set up four effluent treatment plants; installed two more; five under execution; in-house pilot plant.
- Merged Sakthi Soya Ltd.
- Received letter of intent for 2,500 TCD sugar and 10,000 KLPA distillery at Dhenkanal Orissa.
- Privately placed 2,000,000 14% NCDs III series with Citibank.
- Issued 400,000 14% NCDs Series II to Canbank Mutual Fund.
1992
- Offered 4,280,970 equity shares Rs 10 at Rs 35 premium on 7:10 rights basis; all taken up.
- Offered 214,049 equity shares to employees at Rs 35 premium; 98,200 taken up.
1994
- Proposed 30,000 litres/day distillery adjacent to Dhenkanal sugar factory.
- Proposed enhancing foundry capacity to 24,000 TPA from 3,600 TPA.
- Entered technical collaboration with George Fischer Foundry Systems Ltd Switzerland.
- Allotted 4,379,176 equity shares on rights; 300,000 pref shares Dec 17; 50,000 pref shares Feb 4.
1995
- Allotted 1,632,000 equity shares on amalgamation of Sakthi Soya Ltd.
- Allotted 1,505,210 equity shares to FIs on term loan conversion.
1997
- Issued 400,000 preference shares.
- Pollution Control Division entered consultancy agreement with Eastern Chemical Co Ltd Japan for bio-methanisation plant.
- Targeted auto majors in South India.
1998
- Distillery at Dhenkanal suspended operations from February 1 due to Supreme Court pollution order.
- Pollution Control Division applied foreign know-how for effluent treatment plants.
- Foundry Unit received ISO 9002 certification and Maruti Udyog Vendor Award.
1999
- Issued 2,044,800 equity shares of Rs 10 each at par; appointed ICICI Securities as manager.
- Entered joint venture with Case Austoft Industries for mechanisation implements.
- Tamil Nadu Newsprint and Papers Ltd neared long-term bagasse supply agreement.
2000
- Proposed hiving off soya division as wholly owned subsidiary.
- Issued 14,100,000 equity shares on private placement to promoters group.
- Hived off Foundry Division to Sakthi Auto Component, wholly owned subsidiary.
2004
- ABT Ltd reduced stake from 11,857,600 to 8,357,600 equity shares.
- Grantham A/c GMO Emerging Markets Fund acquired 1,025,000 shares (3.70% of capital).
- ABT Ltd sold 300,000 shares, stake reduced to 8,057,600 equity shares.
2007
- Appointed Sri K V Ramaswamy as Additional Director.
2008
- European subsidiary Orlandofin BV acquired Arvika Gjuteri AB.
- Appointed Sri C Rangamani as Additional Director.
2009
- Appointed Sri M Balasubramaniam as Joint Managing Director-Finance and Sri M Srinivaasan as Joint Managing Director-Technical.
- Entered Master Restructuring Agreement with lenders for debt restructuring.
2010
- Appointed Sri T Santhanakumar as Nominee Director.
- Reappointed Sri V. K. Swaminathan as Executive Director.
2011
- Wholly owned subsidiary Sakthi Auto Component Limited acquired Sakthi Auto Mauritius Limited.
- Appointed Sri V. M. Manogaran as Nominee Director.
2013
- Sakthi Auto Component Limited was wholly owned subsidiary.
2014
- Commenced cane crushing operations for the season.
2015
- Commenced sugarcane crushing for 2015-16 season at Dhenkanal Sugar Unit.
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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