Milestones

2001 Ownwards

  • New 7,000 TCD plant near Meerut commenced operations in November 2004
  • First unit to crush 20 million quintals of cane during the drought year 2002-03
  • Achieved record profit of Rs. 283.51 million in FY 2003
  • Turnover up by 25% (on annualised basis)
  • Production up by 25%
  • Crushing of sugar cane up by 26%
  • GOI changes the free to levy sugar sale ratio from 70:30 to 85:15 and now to 90:10

1991 - 2000

  • LOI received to increase cane capacity to 10,000 MT per day for Gola unit
  • Construction Board Ltd. amalgamated with bajaj hindusthan sugar ltd.
  • Palia capacity increased to 5,000 TCD
  • The cement plant is sold to J K Udaipur Udyog Ltd. for Rs. 1475 million
  • Board of directors decide to dispose of the cement unit

1981 - 1990

  • Company applies for a license to increase capacity from 4,800 TCD to 10,000 TCD
  • Complete decontrol of cement effective March 1, 1989
  • Sharda Sugar & Ind. Ltd. receives LOI to expand its capacity from 1,400 TCD to 5,000 TCD.
  • The company changes its name to bajaj hindusthan sugar ltd.
  • Capacity of cement plant increased from 4 to 6 million tons per annum
  • Bonus shares issued of Rs. 1.12 million in the ratio of 4:1
  • Expansion of Gola plant from 3,600 to 4,800 tons completed
  • Golden jubilee year
  • Sharda Sugar & Ind. Ltd. amalgamated with bajaj hindusthan sugar ltd

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