History & Evolution
Incorporation year
Incorporated as Joint Sector Company
Sugar Production
Company commenced commercial production of Sugar with a capacity of 1250 TCD
Shares Acquisition
Shamanaur Group acquired the shares from institutional bodies of Govt. of Karnataka and took over the management of the company
Sugar Expansion
Expansion of Cane Crushing capacity from 1,250 TCD to 1,500 TCD
Further Expanded the Cane crushing capacity from 1,500 TCD to 2,500 TCD
Expanded cane-crushing capacity from 2,500 TCD to 4,750 TCD
Refined sugar manufacturing unit with 500 TCD
Ethanol Production
Company installed molasses/sugar syrup and grain-based Ethanol unit with installed capacity of 65 KLPD and started commercial production from Q1FY23