Riga Sugar Co Ltd logo

Riga Sugar Co Ltd

This company manufactures sugar, industrial alcohol, ethanol, and bio-fertilizers using distillery effluents and press mud.
1980 | Kolkata, West Bengal (India) | Under Liquidation

Last Updated:

May 04, 2024
HomeCompanyRiga Sugar Co Ltd

Who are the key members and board of directors at Riga Sugar Co?

Executive Team (2)

NameDesignationAppointment DateStatus
Om Dhanuka InManaging Director02-Sep-1980Current
Jitendra Pachisia InCFO19-Aug-2020Current

Board Members(3)

NameDesignationAppointment DateStatus
Purushottam Bhide In Director 12-Apr-2019Current
Dilip Datta In Director 11-Feb-2016Current
Richa Ajitsaria In Director 29-Jul-2021Current

Financial Performance and Corporate Structure Insights of Riga Sugar Co.

Riga Sugar Co Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 46.15% decrease. The company also saw a substantial fall in profitability, with a 96.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 220.34%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-46.15%
Revenue from Operations
-48.32%
Total Assets
-36.30%
Profit or Loss
-96.56%
Net Worth
-220.34%
EBITDA
-158.06%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹314.33 Cr

₹502.65 Cr

LenderAmountStatus

Union Bank Of India

Creation Date: 14 Dec 2015
₹2.31 CrOpen

Union Bank Of India

Creation Date: 30 Oct 2015
₹4.20 CrOpen

Union Bank Of India

Creation Date: 02 May 2014
₹3.21 CrOpen

How Many Employees Work at Riga Sugar Co?

Riga Sugar Co has a workforce of 10 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Riga Sugar Co

Recent activity within the organization

  • Annual General Meeting

    Riga Sugar Co Ltd last Annual general meeting of members was held on 21 Sep 2021 as per latest MCA records.

    21 Sep 2021

  • Director Appointment

    Richa Ajitsaria was appointed as a Director was appointed as a Director on 29 Jul 2021 & has been associated with this company since 3 years 4 months .

    29 Jul 2021

  • Balance Sheet

    Riga Sugar Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata.

    31 Mar 2021

  • Director Appointment

    Jitendra Kumar Pachisia was appointed as a Cfo was appointed as a Cfo on 19 Aug 2020 & has been associated with this company since 4 years 4 months .

    19 Aug 2020

  • Director Appointment

    Purushottam Jagannath Bhide was appointed as a Director was appointed as a Director on 12 Apr 2019 & has been associated with this company since 5 years 8 months .

    12 Apr 2019

  • Charges

    A charge registered on 17 Dec 2015 via Charge ID 10612297 with Bank Of India was fully satisfied on 03 Apr 2018.

    03 Apr 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Riga Sugar Co Ltd was incorporated on 02 Sep 1980.

  • The authorized share capital of Riga Sugar Co Ltd is ₹ 20.00 Cr and paid-up capital is ₹ 14.44 Cr.

  • Currently 5 directors are associated with Riga Sugar Co Ltd.

    • Purushottam Jagannath Bhide
    • Om Prakash Dhanuka
    • Dilip Datta
    • Richa Ajitsaria
    • Jitendra Kumar Pachisia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Riga Sugar Co Ltd is 14 Netaji Subhas Road2Nd Floor, P S Hare Street, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Riga Sugar Co Ltd is L15421WB1980PLC032970 and the company number is 032970 as per Ministry of Corporate Affairs (MCA).

  • Yes, Riga Sugar Co Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Riga Sugar Co Ltd is https://www.rigasugar.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Riga Sugar Co Ltd has fallen by -46.15%.

  • As Per 2021 financial reports, 10 employees are currently employed by Riga Sugar Co Ltd.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Riga Sugar Co Ltd has experienced an downturn of -220.34%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Riga Sugar Co Ltd amount to ₹ 314.33 Cr.

  • The most recent Balance Sheet for Riga Sugar Co Ltd was filed with the ROC on 31 Mar 2021.

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