Shree Renuka Sugars Ltd
NSE: RENUKA BSE: 532670
₹24.70
(-1.63)%
Sun, 01 Feb 2026, 07:32 pm
Market Cap53.45B
PE Ratio-
Dividend0
Process Industries
Agricultural Commodities/Milling
24.5Kshree renuka sugars ltd History
1995
- The Company was originally incorporated as Shree Renuka Sugars Limited vide certificate of incorporation no. 08-19046 dated October 25, 1995 with Registrar of Companies, Karnataka at Bangalore.
1996
- The Company received the certificate for commencement of business on January 5, 1996.
- Shifting of operational office due to expansion of facilities on February 23, 1996.
1998
- Acquisition of assets of Nizam Sugars Limited
1999
- Our Company subsequent to purchase of the mill from Nizam Sugars Limited, transferred all the plant and machinery along with the employees to the Munoli Unit at Belgaum and enhanced the capacity to 2,500 TCD.
- We started our commercial production of sugar at the Munoli unit.
- We entered into a power purchase agreement with the Karnataka Electricity Board for sale of surplus electricity, being 7.55 MW for an initial period of 10 years from the date of commercial production and a renewal period of 20 years at the rate of Rs. 2.25 per kilowatt hour with escalation at the rate of 5% per annum.
2000
- We commissioned a 11.2 MW cogeneration plant for producing electricity from the Bagasse
2002
- We installed a distillery with a capacity of 60 KL at our Munoli unit for manufacture and production of Ethanol.
2003
- We increased our co-generation capacity of power from 11.2 MW to 20.5 MW by adding an additional turbine and boiler.
- We also installed a sugar refinery at our Munoli unit with a capacity of 250 TPD.
2004
- Expansion of refinery capacity to 1000 TPD
- Our Company vide a lease agreement with Ajara Shetkari Sahakari (a co-operative sugar factory) Sakhar Karkhana Limited dated October 29, 2004, leased the sugar factory at Ajara in Maharashtra with a capacity of 2,500 TCD for a period of two years until September 26, 2006.
- We incorporated and registered Renuka Commodities DMCC as a Company in the Free Trade Zone in Dubai, United Arab Emirates to carry on the business of wholesale trading of sugar in the International market.
2005
- We have entered into a memorandum of understanding (MoU) with Haripriya Sugar Works Limited to acquire all assets (excluding receivables) of Haripriya Sugar Works Limited (Haripriya Sugar) including land admeasuring 162 acres and 29 guntas situated at village Burlatti (old Kokantur), Taluka Athani, District Belgaum, Karnataka for a sum of Rs. 40 million.
- Our Company vide a lease agreement with Mohanrao Shinde Sahakari (a co-operative sugar factory) Sakhar Karkhana Limited dated July 2005, leased the sugar factory at Mohannagar village of Taluka Miraj, District Sangli in Maharashtra with a capacity of 2500 TCD for a period of six years for the entire crushing season of 2005-2006 to end of crushing season 2010-2011.
2006
- Shree Renuka Sugars Ltd has informed that there has been a change in Company's Board of Directors, consequent to the withdrawal of nomination of Institutional Nominee Director, Mr B S Parashivamurthy, by IDBI w.e.f. October 23, 2006.
- Shree Renuka Sugars enters into MoU with Copersucar, Brazil
- Shree Renuka joins hand for Munoli project
2007
- Shree Renuka Sugars Limited has appointment Mr Nitin Puranik as Whole Time Director of the Company w.e.f. 20th April, 2007.
2008
- Shree Renuka Sugars Ltd has signed a Memorandum of Understanding (MOU) with Hindustan Petroleum Corporation Ltd., (HPCL) for formation of a Joint Venture Company (JV) for the purposes of setting up of an Integrated Sugar and Ethanol Plant in the State of Maharashtra.
- The Company has splits its face value from Rs10/- to Rs1/-.
- Shree Renuka Sugars acquired 87pc stake in Gokak Sugars
2009
- Shree Renuka Sugars Ltd has informed BSE that the Company has acquired 5% equity stake in National Commodity & Derivatives Exchange Ltd (NCDEX) from Intercontinental Exchange Holdings and Goldman Sachs Investments (Mauritius) I Ltd. for a total consideration of Rs. 36.50 crores.
- Shri Renuka Sugars acquires Brazilian VDI.
- The Company has acquired Brazilian sugar and ethanol maker VDI which will help the company to expand its operations in the sugar rich region of Latin America.
2010
- The Company creates one of the largest Sugar / Ethanol Groups in Brazil with Equipav Deal.
- The company announced the acquisition of 51 % stake in Brazilian firm - Equipav S.A. Acucar e Alcool (Equipav) for Rs. 1,530 crore.
- The Comapny has bagged orders to supply 118 million litres of ethanol to oil marketing companies in five states for a period of one year.
- Shree Renuka Sugars has given the Bonus in the Ratio of 1:1
2011
- The Company announces Commissiong of Kandla Sugar Refinery.
2012
- Increased stake in Renuka do Brazil S/A to 59.4%.
2013
- Shree Renuka Sugars Limited inaugurates its first sugar depot in Guwahati, Assam
- Shree Renuka Sugars Board recommends Dividend @ Re. 0.50 (50%) per share on Equity Shares (Face value of Re.1/- each) of the Company for the year ended March 31, 2013.
2014
- Wilmar to acquire strategic stake in Shree Renuka Sugars Ltd
2018
- Wilmar to acquire strategic stake in Shree Renuka Sugars Ltd
2021
- Shree Renuka Sugars Limited has Capacity expansion for ethanol production
2022
- Amalgamation of Monica Trading Private Limited, Shree Renuka Tunaport Private Limited and Shree Renuka Agri Ventures Limited, wholly owned subsidiaries of the Company.
2023
- The Company completed the acquisition of 100% of equity shares of Anamika Sugar Mills Private Limited.
- Company Commenced commercial production of Ethanol.
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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