Empee Sugars and Chemicals Ltd.

The  Company originally incorporated on 24.11.1988 as  a  Private 
 Limited  Company under the name and style of Raghava  Sugars  (P)
 Ltd,  became  under  section  43A a  Public  Limited  Company  on
 26.3.1990.  The  name  of the company was  changed  from  Raghava
 Sugars Private Limited to Empee Sugars & Chemicals Limited at the
 time  of conversion as a Public Limited Company under section  44 on 
 3.5.1990  and  a  fresh  certificate  of  incorporation   was
 obtained.  The main objects of the company are fully set  out  in
 Memorandum   and  Articles  of  Association  and  also   detailed
 elsewhere in the prospectus. The immediate object of the  company is 
 to  set up a sugar factory for manufacture of  White  Crystal Sugar 
 with a crushing capacity of        2500 TCD  at  Ayyapareddipalem
 Village, Naidupet, Nellore District, Andhra Pradesh.
 
 Empee   Sugars  &  Chemicals  Ltd  became  subsidiary  of   Empee
 Distilleries  Ltd on 26.3.90 by virtue of Empee Distilleries  Ltd
 holding  51.09%  share in the paid-up capital of Empee  Sugars  &
 Chemicals  Ltd. After the Public Issue, Empee  Distilleries  will
 cease to be the holding company of Empee Sugars & Chemicals  Ltd. The
  percentage  of holding of Empee Distilleries Ltd  after  the
 issue in Empee Sugars & Chemicals Ltd would be around 40.
 
 PROMOTERS
 The project was Promoted by Shri M Sreenivasulu Reddy and            
    Shri  M Sudhakar Reddy, Shri M P Purushothaman is associated with
 Project actively since March 1990. The company is a member of a Group
  of Companies    which    has   diverse    interests    in    Hotels,
 
 Distilleries,Finance and Exports, Mr M P Purushothaman is a  well
 known  Businessman  in Tamil Nadu, Mr M P  Purushothaman  is  the
 promoter  of  M/s Empee Distilleries Ltd,  Empee-Hotels  (P)  Ltd
 (owners  of  Madras International Hotel) South India  Hotels  Ltd
 (Owners  of New Victoria Hotel), Empee Leasing & Finance Ltd  and
 Aruna Travels (P) Ltd.
 
 Empee  Distilleries Ltd has a distillery unit with a capacity  of    
    2500 cases per shift per day of rectified spirit and is  located at
 Mevaloorkuppam Village, Chengal MGR District of  Tamil  Nadu. The 
 company's turnover for the year ended March 31,1991  was  Rs 403 
 lakhs  on  which  it  earned  Profit  before  interest   and
 Depreciation of    Rs 8 lakhs.
 
 Empee  Hotels  (P)  Ltd, is operating under  its  control  Madras
 International a 4 star hotel located in the heart of Madras City. The
  Empee  Group is also operating New Victoria Hotel a  3  star hotel in
 Madras City.
 
 2001 - The Company has allotted 2,50,00,000 No. of equity shares of
 Rs 10 each at a discounted price of Rs 4 per share to Empee
 Distilleries Ltd on a preferential basis.
 
 2007
 
 -Empee Sugars & Chemicals Ltd has appointed Ms. Nisha Purushothaman
 as an Additional Director under section 260 of the Companies Act,
 1956.
 
 2008
 
 -Company has informed that the company have created an Email ID of
 the Grievance redressal division / Compliance Officer as
 investor.empeesugars@empeegroup.co.in.
 
 2009
 
 - Empee Sugars & Chemicals Ltd has informed that the Board of
 Directors have appointed Mr. Shankar Menon, S/o. Late. K A Menon, as
 Additional Director of the Company w.e.f. June 29, 2009 subject to
 retirement by rotation at the General Meeting.
 
 2010
 -Empee Sugars and Chemicals have approved the payment of maiden
 interim dividend of 5% (i.e. Re. 0.50) per equity share of Rs. 10/-
 each of the company.
 
 2012
 -Empee Sugars & Chemicals Ltd has completed the acquisition of 100%
 of the Paid up equity share capital of M/s. Appollo Wind Energy
 Private Limited.
 
 2014
 -Empee Sugars and Chemicals  appointed Mr. V Srinivasan as Chief
 Financial Officer of the Company.