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
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
2000 - No news.
-Rana Sugars Ltd appointed Rana Ranjit Singh as Chairman and Rana Inder Pratap Singh as Managing Director (MD) on January 31, 2006,