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Rana Sugars Ltd.

BSE Live

Aug 10, 16:00
7.58 0.36 (4.99%)
Volume
AVERAGE VOLUME
5-Day
627,491
10-Day
647,527
30-Day
303,944
667,661
  • Prev. Close

    7.22

  • Open Price

    7.58

  • Bid Price (Qty.)

    7.58 (30183)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Aug 10, 15:40
7.40 0.35 (4.96%)
Volume
AVERAGE VOLUME
5-Day
187,033
10-Day
433,718
30-Day
331,257
223,679
  • Prev. Close

    7.05

  • Open Price

    7.40

  • Bid Price (Qty.)

    7.40 (51270)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Rana Sugars
YEAR                       EVENTS
 1991 - The Company was incorporated on 30th July.  The Company has
 been
        been promoted by Punjab Agro Industries Corporation Ltd.
 (PAIC),
        in the joint sector with Rana Gurjeet Singh & Associates. 
 The
        Company proposes to set up a sugar factory with an installed
        capacity of 2500 TCD along with the facilities for the
        co-generation of 5 MW powers.
 
 1993 - 61,00,000 No. of Equity shares of Rs 10 each for cash at par
        allotted to Punjab Agro Industries Corporation (PAIC). 
 36,50,000
        No. of Equity shares of Rs 10 each for cash at par allotted
 to
        Private Promoters.  115,50,000 No. of Equity shares of Rs 10
 each
        for cash at par allotted to the Indian Public.
 
 1995 - The Company also proposes to expand its capacity and diversify
 in
        other products in due course of time.  The Company has
 achieved
        excellent quality of its product.
 
      - The Company has installed most modern equipments to save and
        minimize energy consumption.  The Company has installed two
 turbo
        alternate sets of 2500 KW each with aggregate power
 generation
        capacity of 5000 KW.
 
      - The Company has also installed electrical motors of
 appropriate
        size and continuous centrifugals in place of batch type
        centrifugals.
 
 1996 - The Company has taken up the expansion programme  of its
 crushing
        capacity from 2500 TCD to 5000 TCD.
 
 1997 - The Company has also taken up project regarding co-generation
 of
        surplus power and has submitted necessary applications for
        financial assistance to Government Agencies/Financial
        Institutions which are under their consideration.
 
 1998 - No news.
 
 1999 - The sugarcane Production was affected by serious diseases
 like
        Red Rot.
 
 2000 - No news.
 
 2006
 -Rana Sugars Ltd appointed Rana Ranjit Singh as Chairman and Rana
 Inder Pratap Singh as Managing Director (MD) on January 31, 2006,
 
 2007
 - The Company has completed expansion of its power co-generation
 capacity from 20 MW to 30 MW and has started its trial.
 - The Company has been allocated Country Liquor Quota of 4813707 PL
 by the Punjab Excise Department. 
 
 2009
 - The Board of Directors have allotted 2,85,00,000 warrants
 convertible into equity shares of Rs.10/- each at a premium of
 Rs.1.50 per share to promoters / other investors.
 
 2010
 - The Company has entered into an Agreement for sale of power through
 Tata Power Co. Ltd.
 - The United Nations Framework Convention on Climate Change (UNFCCC)
 has approved Carbon Credits to Rana Sugars Ltd. for using Green
 Energy for its Bagasse based Cogeneration Power Project situated at
 District Amritsar, Punjab.
 
 2014
 -Rana Sugars Ltd approved signing and execution of Joint Venture
 Agreement(s) and other related documents with Sindicatum Captive
 Energy Singapore Pte, Limited for running, controlling and making
 investments in Rana Energy Limited and Rana Green Power Limited.