Shree Renuka Sugars Ltd
Shree Renuka Sugars Ltd Company History
Shree Renuka Sugars is principally engaged in the manufacturing and refining of sugar, ethyl alcohol, ethanol, generation and sale of power and engineering activities.
2006
Shree Renuka Sugars Ltd has informed that there has been a change in Company's Board of Directors, consequent to the withdrawal of nomination of Institutional Nominee Director, Mr B S Parashivamurthy, by IDBI w.e.f. October 23, 2006.
Shree Renuka Sugars enters into MoU with Copersucar, Brazil
Shree Renuka joins hand for Munoli project
2006
2007
Shree Renuka Sugars Limited has appointment Mr Nitin Puranik as Whole Time Director of the Company w.e.f. 20th April, 2007.
2007
2008
Shree Renuka Sugars Ltd has signed a Memorandum of Understanding (MOU) with Hindustan Petroleum Corporation Ltd., (HPCL) for formation of a Joint Venture Company (JV) for the purposes of setting up of an Integrated Sugar and Ethanol Plant in the State of Maharashtra.
The Company has splits its face value from Rs10/- to Rs1/-.
Shree Renuka Sugars acquired 87pc stake in Gokak Sugars
2008
2009
Shree Renuka Sugars Ltd has informed BSE that the Company has acquired 5% equity stake in National Commodity & Derivatives Exchange Ltd (NCDEX) from Intercontinental Exchange Holdings and Goldman Sachs Investments (Mauritius) I Ltd. for a total consideration of Rs. 36.50 crores.
Shri Renuka Sugars acquires Brazilian VDI.
The Company has acquired Brazilian sugar and ethanol maker VDI which will help the company to expand its operations in the sugar rich region of Latin America.
2009
2010
The Company creates one of the largest Sugar / Ethanol Groups in Brazil with Equipav Deal.
The company announced the acquisition of 51 % stake in Brazilian firm - Equipav S.A. Acucar e Alcool (Equipav) for Rs. 1,530 crore.
The Comapny has bagged orders to supply 118 million litres of ethanol to oil marketing companies in five states for a period of one year.
Shree Renuka Sugars has given the Bonus in the Ratio of 1:1
2010
2011
The Company announces Commissiong of Kandla Sugar Refinery.
2011
2012
Increased stake in Renuka do Brazil S/A to 59.4%.
2012
2013
Shree Renuka Sugars Limited inaugurates its first sugar depot in Guwahati, Assam
Shree Renuka Sugars Board recommends Dividend @ Re. 0.50 (50%) per share on Equity Shares (Face value of Re.1/- each) of the Company for the year ended March 31, 2013.
2013
2014
Wilmar to acquire strategic stake in Shree Renuka Sugars Ltd
2014
2018
Wilmar to acquire strategic stake in Shree Renuka Sugars LtdÂ
2018
2021
Shree Renuka Sugars Limited has Capacity expansion for ethanol productionÂ
2021
2022
Amalgamation of Monica Trading Private Limited, Shree Renuka Tunaport Private Limited and Shree Renuka Agri Ventures Limited, wholly owned subsidiaries of the Company.
2022
2023
The Company completed the acquisition of 100% of equity shares of Anamika Sugar Mills Private Limited.
Company Commenced commercial production of Ethanol.
2023
