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Moneycontrol.com >> Messageboard >> Stocks >> Oudh Sugar Mill >> Company overview-
   You are here :     Moneycontrol     MMB    Stocks      Oudh Sugar Mill                         Most active discussions of 2006 , 2007 & 2008
Company overview- (1)   25-May-09 18:57Track this thread   Tracked by (0)  
Posted by:   BAZEEGAR on ( 25-May-09 18:57 )
Price : BSE: Rs 60.65 ( 4.93 % ), NSE: Rs. 60.35 ( 5.05 % )
The Company belongs to the K.K. Birla Group. Oudh Sugar was set up in 1932 at Mumbai and initially a sugar mill was set up at Hargaon, Dist. Sitapur (U.P.). In the year 1976, Oudh Sugar purchased a sugar factory at Rosa in UP from Carew & Company Ltd having a crushing capacity of 1,000 tones per day. In 1980, its unit was transferred to a new company Akola Oil Industries Ltd as on 1st, July. After the family split following the death of Ghanshyam Das Birla, the K K Birla group was carved out in 1983. In 1984, the New Swadeshi Sugar Mills Ltd was merged with the company with effect from July 1, by order of the Mumbai High Court dated July 16, 1986. As a result, the company acquired one sugar mill and one distillery at Narkatiaganj, one vegetable and fruits canning factory at Allahabad and Macfarlane paints factory at Calcutta
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