Gem Sugars Limited logo

Gem Sugars Limited

Manufactures and markets sugar, generates power, and produces ethanol in North Karnataka.

1995 - Active

About

Basic Data Updated:

25 days ago

Located in the quaint village of Kundargi, in the Bilagi taluk of Bagalkot district, in the beautiful region of North Karnataka, lies the renowned company, GEM Sugars Limited. With a stellar credit rating report, this company is known for its exceptional manufacturing and marketing of sugar, as well as its power generation and production of ethanol. At the heart of this company is its state-of-the-art integrated plant, boasting an impressive installed capacity of 6,500 TCD (tonnes crushed per day), a 60 KPLD (kiloliters per day) distillery, and a 24.5 MW (megawatt) cogeneration unit. This plant is a testament to GSL's commitment to innovation and efficiency, as it utilizes the latest technology to produce high-quality products. One of the key factors that sets GSL apart from its competitors is its vast command area of 54,400 acres. This allows the company to procure the finest quality sugarcane, ensuring that their products are of the highest standard. This, combined with their dedication to sustainable and ethical practices, has earned GSL a reputation as a leader in the industry.

Industry

Company Details

  • Location

    -

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU85110KA1995PLC017324
Company No.017324
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date06 Mar 1995
Date of AGM27 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Bangalore

Financials of Gem Sugars Limited

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Gem Sugars Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.5% increase. The company also saw a substantial improvement in profitability, with a 16.47% increase in profit. The company's net worth moved up by a moderate rise of 6.22%.

Corporate Structure

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People in Gem Sugars Limited

Executive Team (3)

  • SS

    Sundaresan Srinivasan Company Secretary

    Appointment Date: 06-Oct-2008

    Status: Current

  • SR

    Sekar Rangaswamy In Managing Director

    Appointment Date: 06-Mar-1995

    Status: Current

  • MK

    Marimuthu Kasiviswanathan CFO

    Appointment Date: 30-Mar-2016

    Status: Current

Board Members(7)

Charges (Loans)

Open Charges Satisfied Charges

₹607.79 cr

₹334.68 cr

LenderAmountStatus

Others

Creation Date: 30 Mar 2024
₹6.00 CrOpen

Bank Of India

Creation Date: 22 Jan 2024
₹45.00 CrOpen

Others

Creation Date: 01 Jul 2022
₹40.00 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge registered on 30 Oct 2023 via Charge ID 100805713 with Others was fully satisfied on 17 Apr 2024.

    17 Apr 2024
  • Activity

    Charges

    A charge registered on 06 Jun 2023 via Charge ID 100732134 with Others was fully satisfied on 17 Apr 2024.

    17 Apr 2024
  • Activity

    Charges

    A charge registered on 28 Mar 2023 via Charge ID 100710487 with Others was fully satisfied on 17 Apr 2024.

    17 Apr 2024
  • Activity

    Charges

    A charge registered on 28 Mar 2023 via Charge ID 100710488 with Others was fully satisfied on 17 Apr 2024.

    17 Apr 2024
  • Activity

    Charges

    A charge registered on 23 Sep 2021 via Charge ID 100481727 with Others was fully satisfied on 17 Apr 2024.

    17 Apr 2024

Frequently asked questions

What is the Incorporation or founding date of Gem Sugars Limited?

Gem Sugars Limited was incorporated 29 years 2 months ago on 06 Mar 1995 with Registrar of Companies Roc Bangalore.

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