Sudalagunta Sugars Limited logo

Sudalagunta Sugars Limited

Manufacturer and exporter of white sugar with integrated plant and acquired sugar plant for expansion.

1994 Chittoor, Andhra Pradesh (India) Active

About

Basic Data Updated:

1 month ago

Sudalagunta Sugars Limited, a renowned manufacturer of white sugar, has been a leading player in the sugar industry for many years. The company's sugar is highly sought after by dealers in the domestic market, as well as in the Gulf countries and Singapore. The success of the company can be attributed to its state-of-the-art integrated sugar plant, which has an impressive installed capacity of 3,500 TCD (tonnes crushed per day) and an 8 MW co-generation power plant. Located near the picturesque town of Srikalahasti, in the Chittoor district of Andhra Pradesh, the plant has been a major contributor to the economic growth of the region. According to the company's annual report, Sudalagunta Sugars Limited has achieved remarkable success in a short span of time. This can be attributed to its strategic acquisition of a 2,500 TCD sugar plant from NCS Sugars (Nellore) Limited. The acquisition was made through a slump sale, which allowed the company to expand its crushing capacity and increase its cane command area. This move has not only boosted the company's production capabilities but has also strengthened its position in the market.

Industry

Company Details

  • Location

    Chittoor, Andhra Pradesh, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU15424AP1994PLC018279
Company No.018279
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date12 Sep 1994
Date of AGM30 Sep 2019
Date of Balance Sheet31 Mar 2019
Listing StatusUnlisted
ROC CodeRoc Vijayawada

Financials of Sudalagunta Sugars Limited

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Sudalagunta Sugars Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 35.15% decrease. The company also saw a slight improvement in profitability, with a 0.25% increase in profit. The company's net worth observed a substantial decline by a decrease of 64.72%.

Corporate Structure

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People in Sudalagunta Sugars Limited

Executive Team (2)

  • SC

    Sudalagunta Chowdary In Managing Director

    Appointment Date: 12-Sep-1994

    Status: Current

  • IM

    Indiravel Moorthy CFO

    Appointment Date: 01-Feb-2019

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹281.77 cr

₹564.93 cr

LenderAmountStatus

State Bank Of India

Creation Date: 30 Nov 2017
₹30.00 CrOpen

Others

Creation Date: 17 Oct 2017
₹32.00 CrOpen

State Bank Of India

Creation Date: 03 Oct 2017
₹5.00 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

    Annual General Meeting

    Sudalagunta Sugars Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019
  • Activity

    Balance Sheet

    Sudalagunta Sugars Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada.

    31 Mar 2019
  • Activity

    Director Appointment

    Indiravel Rama Moorthy was appointed as a Cfo was appointed as a Cfo on 01 Feb 2019 & has been associated with this company since 5 years 4 months .

    01 Feb 2019
  • Activity

    Charges

    A charge registered on 30 Mar 2013 via Charge ID 10419922 with Andhra Pradesh State Financial Corporation was fully satisfied on 30 May 2018.

    30 May 2018
  • Activity

    Charges

    A charge registered on 04 Oct 2012 via Charge ID 10379206 with Andhra Pradesh State Financial Corporation was fully satisfied on 30 May 2018.

    30 May 2018

Frequently asked questions

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

Sudalagunta Sugars Limited was incorporated 29 years 8 months ago on 12 Sep 1994 with Registrar of Companies Roc Vijayawada.

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