Ponni Sugars (Erode) Ltd
Ponni Sugars (Erode) Ltd Company History
Ponni Sugars (Erode) has a sugar factory in Erode that can crush upto 3500 tonnes of sugarcane per day and generate 19 MW of power.
2004
Mr. Anubhav Aggarwal stating that he has acquired 525,238 shares aggregating to 6.41% of the share capital of Ponni Sugars (Erode) Limited and his shareholding after the said acquisition stands at 525,238 shares aggregating to 6.41% of the share capital of the company.
2004
2005
Time Square Investments Pvt. Ltd. has acquired 270000 shares aggregating to 3.29% of the share capital of Ponni Sugars (Erode) Limited.
2005
2010
Dr. Nanditha Krishna has been appointed as a Additional Director of the Company.
2010
2011
The Board of Directors have appointed Mr. K. Bharathan as Additional Director effective December 28, 2011 who will hold office till the ensuing Annual General Meeting and be eligible for appointment thereat as director liable to retire by rotation.
2011
2012
PonniSug(Ero - Cogeneration of Power - commencement of Commercial Production.
The Company has recommended a dividend of Rs.2.50 (Rupees Two and Paise Fifty) per Equity Share for the financial year 2011-12.
2012
2013
The company appointed Mrs. Bharti Chhotubhai Pithawalla as Additional Director.
The company recommended a dividend of Rs. 1.50/- (Rupees One and Fifty Paise) per Equity share.
2013
2014
The company recommended a dividend of Re. 0.60 (Sixty paise only) per Equity Share.
2014
2015
Ponni Sugars (Erode) Ltd has decided to provide direct subsidy to sugarcane growers.
2015
