Govt. of India vide its letter No. LI:431(1993) dated 07/12/1993 had
issued a letter of intent to HSlDC for the manufacture of Sugar
having capacity of 2500 TCD Sugar Mill to be set up at lndri Distt.
Karnal in the state of Haryana in the joint sector.
A joint Sector financial collaboration agreement was signed between
HSlDC and Piccadily Hotels Pvt. Ltd. & its Associates on 04/02/1994.
Govt. of India vide its letter No. Ll:431 (93)195 Amendement dated
February 1,1995 has amended the original letter of intent. Piccadily
Agro Industries Limited will implement the project in the assisted
sector in terms of this letter.
Piccadily Agro Industries Ltd. (PAIL), a public limited company
incorporated on 25th day of March, 1994 is setting up a new plant for
the manufacture of white crystal sugar, refined sugar with installed
capacity of 2500 TCD (expandable to 3500 TCD) alongwith the
facilities~ for co-generation of 6 MW power at village Bhadson
Umri- Indri link road about 8kms from Grand Trunk Road, Distt.
Karnal, Haryana, in assisted sector with Haryana State Industrial
Development Corporation Ltd. (HSlDC).
-Piccadily Agro Industries has recommended payment of Final Dividend
-Shri. Harvinder Chopra has been appointed as Managing Director of
-Piccadily Agro has recommended payment of final Dividend @ 20%
-Piccadily Agro Industries has recommended payment of final Dividend