A KK Birla group company, Upper Ganges Sugar & Industries has manufacturing units in Seohara, Uttar Pradesh, and Sidhwalia, Bihar.The activities of UGS include the manufacture and sale of sugar,industrial alcohol and tea. Sugar which constitutes 82.91% of its sales is produced in two factories situated at Seohara in UP and Sidhwalia in Bihar.In 1995, the company completed Rs 70-cr expansion project by increasing the crushing capacities of its two plants which got fully completed in 1997-98. The company came out with a rights issue to finance this project. The Company has increased installed capacity of Sugar (Bagged) by 32500 Qtls, Crushing per day. It has also installed a plant of Carbondioxide with an installed capacity of 13200 MT.The companys expansion cum modernisation of its sugar factory at Sindhwalia(Bihar) to 2500 tcd at a cost of Rs 30 cr was completed and the commercial production has started during the season 2001-02. The 12.5% Cumulative Redeemable Preference Shares aggreagting to Rs.300 lakh which were allotted through private placement basis was redeemed during 2001-02.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.