मैट्रिक्स
 
 
कोठारी शूगर्स एंड केमिल्स > कंपनी इतिहास > Sugar > कंपनी इतिहास का कोठारी शूगर्स एंड केमिल्स - बीएसई: 507190, NSE: KOTARISUG

कोठारी शूगर्स एंड केमिल्स

बीएसई: 507190  |  NSE: KOTARISUG  |  ISIN: INE419A01022  |  Sugar

कंपनी इतिहास - कोठारी शूगर्स एंड केमिल्स
Kothari Sugars And Chemicals Ltd, the flagship company of HC Kothari
 Group, was established in the year 1961 with a sugar Mill in Kattur
 village of Trichy District. Kothari Sugars, the pioneers in
 manufacturing of sugar, now has two sugar units in Tamil Nadu one at
 Kattur and another at Sathamangalam village. In addition to sugar
 manufacturing, Kothari Sugars also has facility for co-generation of
 power, production of industrial alcohol from molasses and bio-compost
 from press mud and distillery effluents. 
 
 1961 - 4,00,000 shares subscribed for by directors, their friends,
 etc.
        4,00,000 shares offered for public subscription in December
 1960.
 
 1971 - A new sugar factory with a daily crushing capacity of 1,500
        tonnes of cane was set up at Siruguppa in Karnataka State. 
 The
        total investment on this project was around Rs 3.75 crores.
 
      - 8,00,000 rights shares issued at par (prop. 1:1) in 1971-72.
 
 1973 - This factory commenced crushing operations on 24th December.
  
 1983 - The assets and liabilities of the Siruguppa unit were
 transferred
        with effect from 1st October as a going concern to a wholly
 owned
        subsidiary.
 
 1986 - The Company received a letter of intent for the manufacture
 of
        polybutenes.  Also, Government approval was awaited for the
        manufacture of nitroaromatics, a product which has good
 demand
        in the pharmaceutical industry.
 
 1987 - The Company undertook to further modernise the sugar plant at
        Kattur involving a capital expenditure of Rs 2.25 crores.
 
      - Necessary steps were taken for the implementation of the
        polybutene project.  The Company entered into a technical
        collaboration agreement with M/s. Cosden Technology Inc.,
 U.S.A.
        for technical know-how.  Further, it also entered into a
        technical tie up with M/s. Humphreys & Glasgow Consultants,
        Mumbai, for the detailed engineering for setting up the
 project.
        The estimated cost of the project was Rs 18.45 crores.
 
      - The Company's investments in the subsidiary were disposed off
 in
        November.
 
 1988 - 24,00,000 equity shares issued at par as rights in prop. 3:3.
        Only 22,04,832 shares taken up.  5,55,168 shares allotted
        privately (including permitted retention).  Another 1,20,000
        shares offered at part to employees (only 9,700 shares taken
 up).
        The balance 1,10,300 shares allowed to lapse.
 
 1989 - The Company implemented a project at Manali near chennai for
        manufacture of 5,000 TPA of polybutene, a petrochemical
 product.
 
      - The Company undertook to set up a PNCB/ONCB project at
 Karaikal,
        Union territory of Pondicherry.  The product finds application
 in
        pharmaceutical and other varied uses.  Foreign collaboration
        agreement was entered into with M/s. Biazzi, Switzerland and
        M/s. Krebskosmo, W. Germany.  Detailed engineering work was
        assigned to M/s. Humphreys & Glasgow Consultants Pvt. Ltd.,
        Mumbai.
 
 1989-1991 - 2,173 tonnes and 3,626 tonnes of Polybutenes were
 produced
        respectively.  Very special grades of PIB such as K-VIS 90
 and
        K-VIS 200, introduced, were well received in the market.
 
 1990 - The manufacture of 5,000 TPA of polybutene, a petrochemical
        production plant was commissioned on 21st March, and
 commercial
        production commenced in April 1990.
 
 1991 - The Company undertook to set up a distillery unit at Kattur
 with
        an installed annual capacity of 90 lakh litres of industrial
        alcohol.  This project was completed in 1992.
 
      - The Company offered 1,85,000-16% secured redeemable partly
        convertible debentures of Rs 700 each to the shareholders on
        rights basis in the proportion of 1 debenture: 25 equity
 shares
        held.  All were taken up.  Additional 27,750 debentures were
        allotted to retain oversubscription.
 
 1992 - Production improved to 4,442 tonnes despite unplanned shut
 down
        of the MRL for 90 days.  In addition, to KVIS 10 grade, the
 plant
        also manufactures various grades for application in cable
        jellies, 2-T oils, adhesives etc.  Exports commenced and 147
        tonnes of polybutene was exported mainly to Singapore apart
 from
        other countries.
 
      - 54,21,250 equity shares allotted (prem. Rs 14 per share) in
 part
        conversion of 16% debs. on 1.7.1992.
 
      - PNCB/ONCB Project Commercial production commenced in April
 1992.
 
      - 3107 tonnes of PNCB/ONCB were produced 2543 tonnes were sold
 and
        144 tonnes were exported.
 
      - As per the terms of issue Rs 700/- out of Rs 600 per
 debenture
        will be converted into 25 equity shares of Rs 10 each at a
        premium of Rs 14 per share at the end of one year from the
 date
        of allotment of debentures.  Accordingly 54,21,250 shares
 were
        allotted in 1st of July.  The balance non-convertible portion
 of
        Rs. 100 will be redeemed in three instalments at the end of
 6th,
        7th & 8th year from the date of allotment.
 
 1993 - Production declined to 3,735 tonnes due to unplanned shutdown
 in
        MRL during the earlier part of the year and also shifting of
 the
        pattern of production towards higher molecular weight
        polybutenes.  Production of cable jelly compounds and leather
        chemicals was also undertaken in small quantities.
 
      - 48,95,475 equity shares issued as rights (prem. Rs 35 per
 share;
        pro. 1:2).  Only 47,11,204 shares taken up.  1,84,271 shares
        allotted privately.  Another 2,44,774 shares offered (prem.
        Rs. 35 per share) to employees.  Only 32,500 shares taken up.
        The balance 2,12,274 shares allowed to lapse.
 
 1994 - Polybutene unit's production amounted to 4,645 tonnes and 134
        tonnes of cable jelly compounds.  The nitroaromatics division
        produced 6551 tonnes and 7049 tonnes of PNCB and ONCB
        respectively.  Production of nitric acid from the newly
        amalgamated plant led to a production 2278 tonnes.
 
      - Till 31st March, 42.95 lakh litres of industrial alcohol was
        produced.
 
      - Production of industrial alcohol amounted to 47 lakhs litres
 due
        to modification of effluent treatment plant.
 
      - The capacity at the Kattur factory was expanded to 2900
 tonnes
        capacity per day and it was proposed to be further expanded
 to
        4000 TCD.  Also, Karikkal Units capacity was to be expanded.
        During the year, the Company undertook to set up a plant for
        co-generation of power using high pressure boilers at Kattur
 and
        this was expected to be commissioned by 1st January 1996. 
 When
        commenced the unit would produced 12 MW of power.
 
      - Inorganics India Ltd. (IIL) was amalgamated with the Company
        effective 1st April.  As per this amalgamation, 1,95,279
 equity
        shares of Rs 10 each of the Company were to be issued to the
        erstwhile shareholders of the amalgamation Company in the
 ratio
        1:25 shares held.
 
 1995 - The capacity of the Sugar Unit at Kattur was being expanded
 to
        4,000 TCD.  During the year the Company introduced an
 improved
        sugarcane milling technology with the know-how provided by
 Amcane
        of USA to improve the quality of sugar and to reduce the
 input
        cost.
 
      - Polybutene units production declined to 3,869 tonnes due to
 the
        long shut down at MRL which hampered the production ability
 of
        the plant.  During the year nitroaromatics division achieved
 a
        production of 8,628 tonnes of NCB.  Production of nitric acid
        improved to 9,085 tonnes.
 
      - Production of industrial alcohol improved to 56 lakh litres.
        During the year the unit successfully conducted a novel study
        in collaboration with the Tamil Nadu Agricultural University
 to
        make use of distillery effluent for irrigation purposes.
 
      - The co-generation of power plant capacity of nitroaromatics
 was
        expanded to 15,000 tonnes per annum.  The Company also
 proposed
        to enhance nitric acid production capacity to 24 tonnes per
 day.
        The Company also setting up new plants such as cogeneration
 plant
        at Kattur amination and hydrogenation facilities at Karaikal
 and
        concentrated nitric acid plant at Hyderabad.
 
      - 195,279 equity shares allotted to the shareholders of
 Inorganics
        India Ltd. on amalgamation with the Company.  Preference
 shares
        issued during the year.
 
 1996 - Of the two numbers of 6 MW turbines of co-gen plant, one
 turbine
        was commissioned in December and started exporting power.
 
      - Polybutenes unit achieved a record production of 5,401
 tonnes.
        Production would have been still higher but for the
 contrainst
        in the availability of C4 feed stock.  Nitroaromatics
 division
        achieved a production of 11,434 tonnes of NCB.  The company
        commissioned downstream products namely amination and
        hydrogenation for bringing out value added products.  The
 nitric
        acid unit achieved a record production of 12,858 tonnes.
 
      - Production further increased to 68 lakh litres of Industrial
        alcohol.
 
     - Nitroaromatics plant capacity was expanded to 18 tonnes per
 day.
       Steps were being taken to improve the feed stock availability
 at
       Manali Polybutenea plant.  Installation of third condensing
       turbine at Kattur Sugar factory would further enhance
 generation
       potential to 18 MW of power.
 
 1997 - The 2 nos. MW Cogeneration Turbines were commissioned.
  
      - The Chemical Division suffered a major setback due to shut
 down
        of the plant on account of non supply of feed for the plant
 by
        the sole supplier viz. Madras Refineries Ltd.  Production at
 the
        Nitroaromatics division was severely affected due to the
 rains
        and cyclone in Karaikal which lead to corrosion of major
        equipment resulting in non operation of the plant to its
 fully
        capacity.
 
 2002
 
 -Kothari Sugars and Chemicals Ltd got an award ISO 14001
 certification for its polybutene plant at Manali.
 
 2003
 -Kothari Sugars & Chemicals Ltd has informed that Mr. V R Deenadayalu
 and Mr. P N Devarajan have been appointed as Directors of the Company
 with effect from September 24, 2003.
 
 2013
 -Mr.P.S.Balasubramaniam was appointed as Independent Director with
 effect from 08.11.2013
 
 2014
 -Kothari Sugars And Chemicals Ltd has recommended the payment of
 Final Dividend @ 5% {Re.0.50 (Fifty Paise)} per share on face value
 Rs.10/- each
 
 2015
 -Kattur Sugar unit of the Company has commenced its operations
 
 
 
  
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `750 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `703 Cr की बिकवाली की
  • MARKET CUES : FIIs ने F&O में `725 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `661 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स ऑप्शंस में `861 Cr की बिकवाली की
  • MARKET CUES : स्टॉक फ्यूचर्स में `681 Cr की बिकवाली की
  • CS ON INFOSYS : Underperform रेटिंग, लक्ष्य बढ़ाकर `720/Sh
  • JEFFERIES ON INFOSYS : BUY रेटिंग, लक्ष्य घटाकर `915/Sh
  • CITI ON INFOSYS : BUY रेटिंग, लक्ष्य `900/Sh
  • UBS ON INFOSYS : Neutral रेटिंग, लक्ष्य `900/Sh

अभी देखें

सौदा आपका

OUR WINNING PICKS

DID YOU INVEST?

INTRADAY PICKS!

(August 06, 2018)

AT (Rs)



GAIN (Rs)

ALL TIME WINNERS

RECO PRICE

PEAK PRICE

OUR PACKAGES

Super Combo

Powerful mix of both trader and investor packs with timely expert advice.

Technical

Designed especially for traders looking to tap the profit opportunities of volatile markets.

Fundamental

For all investors looking to unearth stocks that are poised to move.