Vishwaraj Sugar Industries Ltd. Company History and Annual Growth Details

The Company was incorporated as a public limited company under the Companies Act, 1956 in the name of Vishwanath Sugars Limited vide Certificate of Incorporation dated May 02, 1995 with the Registrar of Companies, Bangalore bearing Registration Number - 017730. the Company was granted the Certificate of Commencement of Business by the RoC, Bangalore on December 21, 1999. The name of the Company was subsequently changed to Vishwanath Sugar and Steel Limited and a Fresh Certificate of Incorporation dated December 28, 2010 was issued by the Registrar of Companies, Bangalore. The name of the Company was further changed to Vishwaraj Sugar Industries Limited vide Certificate of Incorporation dated November 29, 2012 granted by the Registrar of Companies, Bangalore. The Corporate Identification Number of the Company is U85110KA1995PLC017730.

MAJOR EVENTS :

1995

- Incorporation of the Company.

1997

- Letter of Intent issued by the Government of India.

1999

- Grant of Certificate of Commencement of Business.

- Allotment of command area for sugarcane.

- Grant of Distillery License by Government of Karnataka

2000

- Land award of 132 acres and 34 gunthas done by Government of Karnataka for the purpose of setting up of sugar factory and staff quarters.

2001

- Commencement of commercial operations for the Distillery segment.

2006

- Commencement of commercial operations for the Sugar segment and Co-generation segment.

2008

- Commencement of commercial operations for the Indian Made Liquor segment.

2009

- Commercial operations of enhanced capacity of sugar unit and 2nd unit of co-generation power plant commenced.

- Industrial Entrepreneurs Memorandum approval for increase in production of white sugar to 1,21,000 TPA and a corresponding increase in Molasses to 44,000.

- Manufacturing of Indian Made Liquor brands of the company commenced at Yelahanka, Bangalore

2011

- Industrial Entrepreneurs Memorandum approval for increase in production of white sugar to 1,58,400 TPA and a corresponding increase in Molasses to 57,600 TPA.

2012

- Industrial Entrepreneurs Memorandum approval for increase in production of white sugar to 2,42,000 TPA and a corresponding increase in Molasses to 88,000 TPA

2015

- Cessation of production of Indian Made Liquor at Yelahanka Unit.

2016

- Commencement of commercial operations for the Vinegar segment.

2017

- Entered into current PPA with Bangalore Electricity Supply Company Limited (BESCOM), Mangalore Electricity Supply Company Limited (MESCOM), Gulbarga Electricity Supply Company Limited (GESCOM), Hubli Electricity Supply Company Limited (HESCOM) and Chamundeshwari Electricity Supply Corporation Limited (CESC, Mysore)

2018

- Began construction work for increase in capacity of the Distillery unit from 35 KLPD to 100 KLPD