Balrampur Chini Mills Limited (BCML) was started in 14th July 1975. It is one of the second- largest integrated sugars manufacturing company in India. The principal activity of the Company is manufacturing and sale of sugar. Besides this the allied business activities undertaken by the company primarily consists of manufacturing and marketing of Ethyl Alcohol & Ethanol generation and selling of power and manufacturing. The company has 8 plants in Eastern U.P. and 2 in Central U.P. totaling to 10 sugar factories and having an aggregate crushing capacity of 76500 tons of cane per day (TCD). Visual Percept Solar Projects Private Limited (VPSPPL) and Auxilo Finserve Pvt. Ltd. (AFPL) became the two associates of the company for the year ended 31 March 2018.Balrampur Agro Industries (P) Limited and Vivek Agro Industries (P) Limited became subsidiaries of the Company in the year 1980. Vivek Ganna Pvt Ltd. Ganna Agro Pvt. Ltd. Maharajaganj Agro Industries Pvt. Ltd. and Stuti Agro Pvt. Ltd. became subsidiaries of the Company during the year 1986. In the year 1990 the company acquired the Babhnan Sugar Mills Limited with a capacity of 1000 TCD. Later on the Babhnan Sugar Mills Ltd was merged with BCML with effect from 1 April 1994. During the year 1995 BCML had diversified into distillery operations at the Balrampur unit through the commissioning of a 60-klpd distillery. In April 1998 BCML acquired a controlling stake in Tulsipur Sugar Co. Ltd. (TSC) a profit-making sugar company located near Balrampur in Eastern Uttar Pradesh with an installed capacity of 2500 TCD. TSC was merged with BCML with effect from 1st April of the year 1999. The crushing capacity of Tulsipur Sugar was subsequently expanded to 7000 TCD. In March 2003 BCML commissioned a bagasse based co-generation power plant with a capacity of 19.55 MW at Balrampur and the said capacity has been increased to 24.55 MW. In the same year BCML had set up an integrated Greenfield sugar complex at Haidergarh in East Uttar Pradesh with a sugarcane crushing capacity of 4000 TCD and co-generation capacity of 20.25 MW. Again the company had set up another one-distillery operations at the Babhnan unit in the year 2004 with a capacity of 60 klpd. The Company discontinued the country liquor business with effect from March of the year 2005. A Greenfield sugar project having a capacity of 7000 TCD was set up which was commissioned in November of the year 2005 at Akbarpur Dist Ambedkar Nagar U.P. A bagasse based co-generation power plant with a capacity of 18 MW was also installed at Akbarpur. The crushing capacity was subsequently expanded to 7500 TCD. BCML acquired an integrated sugar unit having a sugar plant of 7500 TCD and co-generation power plant of 12MW situated at Rauzagaon District Barabanki U.P. from Dhampur Sugar Mills Ltd. in March 2006 in an all cash deal of Rs. 182 crores. Another one new Greenfield integrated sugar complex has been set up at Mankapur Dist. Gonda Eastern U.P. with a capacity of 8000 TCD sugar plant 34 MW co-generation power plant 100 KLPD distillery and 20 MT bio-compost manufacturing facility. The plant has begun operations in November of the year 2006. As in the identical year BCML had taken over the management of Indo Gulf Industries Ltd. BCML has acquired a 47.63% stake in the equity capital of Indo Gulf Industries Ltd. (IGIL). BCML has taken over the management of IGIL. A new Greenfield integrated sugar complex has been set up at Kumbhi Dist. Lakhinpur Kheri UP. with the capacity of 8000 TCD sugar plant and 20 MW co-generation power plant. The plant began operations in April of the year 2007. IGIL became as the subsidiary of the company with effect from 30th August 2007. Balrampur Overseas Pvt. Ltd. [BOPL] was incorporated in Hong Kong with the purpose of trading activities. The entire holding of BOPL is held by Balrampur Chini Mills Ltd. which became the subsidiary of the Company with effect from 11th October 2007.As of March 2008 the rating agency ICRA assigned an `LA+` rating to the Rs 8.41 billion long-term debt program and Rs 6.2 billion fund based bank limits of Balrampur Chini Mills (BCML) indicating high credit quality rating. ICRA also assigned an `A1` rating to the Rs 685 million non-fund based limits of the company. The rating indicates highest credit quality in the short-term. Within this category certain instruments are assigned the rating of A1+ to reflect their relatively stronger credit quality. Khalilabad Sugar Mills Pvt. Ltd (KSMPL) was merged with the Company pursuant to order dated 14th August 2013 of the Hon'ble Board for Industrial and Financial Reconstruction (BIFR) sanctioning the Modified Draft Rehabilitation Scheme for the merger of KSMPL with Balrampur Chini Mills Ltd. The said Scheme came into operation from the appointed date i.e. 1st April 2012. The Company issued and allotted 526894 equity shares of Re 1/- each to the shareholders of KSMPL in the ratio of 1:20 pursuant to the said scheme. During the year 2017 Visual Percept Solar Projects Private Limited (VPSPPL) became an associate company; consequent to the acquisition of 45% equity stake of VPSPPL by the Company pursuant to the Call Option Agreement dated 30th March 2015.During the year 2017 the Company sought approval of the shareholders to buy-back its equity shares through the Tender Offer route using the Stock Exchange Mechanism for an aggregate amount of up to Rs 17500 lacs (being 14.72% of the total paid-up equity share capital and free reserves of the Company as on 31st March 2016) at a price of Rs 175/- per equity share on a proportionate basis in accordance with the provisions contained in the Act rules made there under the SEBI (Buy Back of Securities) Regulations 1998 and other applicable circulars clarifications and notificationsFollowing the completion of the Open Offer formalities under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 (as amended) by the Ganesh Explosives Private Limited (Acquirer) Indo Gulf Industries Limited (IGIL) ceased to be the subsidiary of the company with effect from 19 May 2017. Accordingly the entire shareholding of the Company in IGIL along with the control and management of IGIL was transferred to the Acquirer. The Company has also been reclassified as public shareholders in terms of Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (as amended) (the Listing Regulations) by the concerned stock exchange where the equity shares of IGIL are listed.During the year 2018 Auxilo Finserve Pvt. Ltd. (AFPL) became an associate company consequent to allotment of 37500000 equity shares having a face value of Rs 10/- each (50% equity shareholding) to the Company by AFPL.