Simbhaoli Sugar Mills

YEAR                       EVENTS
 1936 - The Company was incorporated as a Private Limited Company on
 29th
        June.  The Company became a deemed Public Limited Company
 since 
        1975 and became a Public Limited Company on July 28, 1989.
 
      - The company was promoted by the late Raghbir Singh
 Sandhanwalia 
        and his associates.  The main object of the company
 manufacture
        of sugar.
 
      - It was proposed to merge the operations of Simbhaoli
 Industries
        Pvt. Ltd. (SIPL) with the company.  SIPL is manufacturing
 alcohol
        with licensed capacity of 13,360 thousand kilo litres per
 annum.
 
      - 1,200 shares issued as bonus shares in prop. 1:1 in 1980-81.
 
 1984 - The quantity of sugar cane crushed and the recovery were low
 due 
        to drought and severe frost.  As a part of the capital
 programme,
        a high pressure lipi boiler was commissioned during the year.
 
 1985 - The plant operations were adversely affected due to a strike
 by
        cane growers in the west U.P. region, large diversion of
        sugarcane to khandsari and gur manufactures and low yield of
        sugar cane in the fields owing to severe pyrilla attack on
 the
        crop in the previous year.
 
      - After successful completion of the capital programme, the
 company 
        took up a modernisation programme involving mainly the
        installation of a Buckau Wolf milling tandem of modern design
 in
        place of the existing Stork Workspoor milling tandem.
 
      - 2,400 bonus shares issued in prop. 1:1.
 
 1987 - The plant operations were adversely affected due to
 unfavourable 
        climatic conditions which affected the sugar crop in the
 Western
        Zone of Uttar Pradesh.
 
      - The Company embarked upon an expansion programme for
 increasing
        the sugarcane crushing capacity from 2,750 tonnes per day to
        5,000 tonnes per day.  The programme also involved
        addition/replacement of equipment/builders, construction of
 sugar
        godown, expansion of boiler house, power house and
 underground
        and overhead water tanks and improvement in the effluent
 disposal
        scheme.
 
      - 4,800 bonus shares issued in prop. 1:1.
 
 1989 - The recovery rate was also lower due to early start of the 
        crushing season in the month of October.
 
      - Equity shares sub-divided.  14,40,000 bonus shares issued
 (pro. 
        3:2) in Jan. 1990.  6,00,000 No. of equity shares issued
 (prem.
        Rs. 10 of which 30,000 shares offered to employees/workers of
 the
        Company (only 20,800 shares taken up).  The remaining
 5,70,000
        shares alongwith 9,200 shares not taken up by employees were
        offered to the public in November.  Additional 90,000 shares
        allotted to retain oversubscription.
 
 1990 - Some of the fixed assets, namely, land, buildings, railway
 siding
        and plant and machinery were revalued as at 31st March.
 
 1991 - Crushing capacity of 5000 tpd was achieved.  The performance
 of
        the plant was satisfactory except for frequent breakdown of
        certain power generation equipments.
 
 1993 - Performance of the sugar and distillery divisions were
 reported 
        to be satisfactory.  Certain new brands launched by the
        distillery division was well received in the market.
 
 1994 - A net 4500 litres per day distillation plant was commissioned
 in
        its distillery division.
 
      - In the distillery division, the Company undertook to set up a
 net
        efficient treatment plant for maximising the bio gas
 productivity
        at expanded capacity.  A new boiler was also being
 commissioned
        for meeting the stream requirement.
 
 1995 - During the year, the project for the establishment of a new 
        distillery for manufacture of 45000 LPD of industrial alcohol
 and
        20,000 LPD of extra neutral alcohol was in progress.  It was
 to
        be eligible for 100% free sale sugar for the first nine years
 of
        its operation.
 
      - In addition, a high pressure boiler and 12 MW power turbine
 were 
        being set up at Simbhaoli.  A total of 5 MW 1 hour power was
 to
        be available as surplus from the system which was to be
 offered
        to UP State Electricity Board.
 
 2004
 
 -Simbhaoli Sugar Mills starts manufacture of Ethanol
 
 2006
 
 -Simbhaoli Sugars commissions Greenfield sugar unit at Brijnathpur.
 
 2007
 
 - Simbhaoli Sugars Limited has informed that Mr. Kamal Samtani has
 been elevated to the position of Company Secretary of the Company and
 shall continue to be the compliance officer. The contact particulars
 are as follows: 1) Name: Kamal Samtani, Company Secretary, 2) Email:
 kamal@simbhaolisugars.com; samtanikamal@gmail.com.
 
 -Simbhaoli Sugars Ltd has re-designated Mr. Sanjay Tapriya as
 Director (Finance) of the Company.