About
Basic Data Updated:
15 days agoThe business of manufacturing and trading sugar and industrial and potable alcohol, as well as the generation and distribution of electricity, is undertaken by The Ugar Sugar Works Ltd. According to a credit rating report, the company has a total capacity of 16,500 TCD. The company's two fully integrated sugar plants are located in village Ugarkhurd, Karnataka and Jewargi, Karnataka. In the year 1962-63, the erection of a distillery unit of 45 Kilo Liters Per Day (KLPD) was undertaken by the company, which then commenced commercial operations in October 1962. In the FY 1992-93, the company further diversified and established a co-generation power plant of 44 MW at Ugar – Khurd Plant, Karnataka. In 2010, TUSWL also set up a 15 MW cogeneration power plant at Jewargi.
Industry
Company Details
- Location
Sangli, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
Products or Services related to The Ugar Sugar Works Ltd
Financials of The Ugar Sugar Works Ltd
The Ugar Sugar Works Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 49.3% increase. The company also saw a substantial improvement in profitability, with a 137.85% increase in profit. The company's net worth Soared by an impressive increase of 82.11%.
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Corporate Structure
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People in The Ugar Sugar Works Ltd
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Executive Team (3)
- Niraj Shirgaokar Managing Director
Appointment Date: 01-Apr-2011
Status: Current
SB
Shreekant Bhat CFOAppointment Date: 10-Feb-2021
Status: Current
CS
Chandan Shirgaokar Managing DirectorAppointment Date: 01-Apr-2011
Status: Current
Board Members(12)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 30 Oct 2023 | ₹20.00 Cr | Open |
Others Creation Date: 25 Jul 2023 | ₹30.00 Cr | Open |
Others Creation Date: 24 Aug 2022 | ₹22.74 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
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Recent activity within the organization
Charges
A charge with Others amounted to Rs. 20.00 cr with Charge ID 100804498 was registered on 30 Oct 2023.
30 Oct 2023Annual General Meeting
The Ugar Sugar Works Ltd last Annual general meeting of members was held on 10 Aug 2023 as per latest MCA records.
10 Aug 2023Charges
A charge with Others amounted to Rs. 30.00 cr with Charge ID 100794363 was registered on 25 Jul 2023.
25 Jul 2023Balance Sheet
The Ugar Sugar Works Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
31 Mar 2023Charges
A charge with Others amounted to Rs. 22.74 cr with Charge ID 100612337 was registered on 24 Aug 2022.
24 Aug 2022
Recent News, Updates & Announcement
- Ugar Sugar Works closes sugar crushing for season 201819.
Udaipurkiran 18 Mar 2019
- Ugar Sugar Works commences crushing for sugar season 201819.
Udaipurkiran 26 Nov 2018
Frequently asked questions
What is the Incorporation or founding date of The Ugar Sugar Works Ltd?