Milestones
2001 Onwards
-
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 sugarcane 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 Unit capacity increased to 5,000 TCD
-
The Cement Plant is sold to JK 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
-
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
-
Company celebrates its Golden Jubilee year in 1981
-
Sharda Sugar & Ind. Ltd. amalgamated with Bajaj Hindusthan Sugar Ltd.