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Rajshree Sugars & Chemicals Ltd.

BSE: 500354 Sector: Agri and agri inputs
NSE: RAJSREESUG ISIN Code: INE562B01019
BSE 13:01 | 05 Jul 32.80 0.60
(1.86%)
OPEN

32.10

HIGH

33.05

LOW

32.05

NSE 12:59 | 05 Jul 32.80 0.65
(2.02%)
OPEN

31.55

HIGH

33.45

LOW

31.55

OPEN 32.10
PREVIOUS CLOSE 32.20
VOLUME 1097
52-Week high 48.00
52-Week low 21.90
P/E
Mkt Cap.(Rs cr) 109
Buy Price 32.75
Buy Qty 20.00
Sell Price 33.05
Sell Qty 100.00
OPEN 32.10
CLOSE 32.20
VOLUME 1097
52-Week high 48.00
52-Week low 21.90
P/E
Mkt Cap.(Rs cr) 109
Buy Price 32.75
Buy Qty 20.00
Sell Price 33.05
Sell Qty 100.00

Rajshree Sugars & Chemicals Ltd. (RAJSREESUG) - Company History

Incorporated on 13 Dec.'85 Rajshree Sugars & Chemicals was promoted by the late G Varadraj of the Coimbatore-based P S G family. The company manufactures and markets white crystal sugar and industrial alcohol with installed capacities of 6000 tpd and 45 KL/day respectively.Industrial alcohol is the raw material for a number of chemicals like acetic acid acetic anhydride butanol ethyl acetate poly vinyl alcohol and vinyl acetate. The company came out with a rights issue in Nov.'92 to part-finance the alcohol project.In 1995-96 the company implemented a co-generation system with an installed capacity of 12 MW and with an additional 3 MW as standby. The company has also been exploring various options in the sugar and allied industries in both areas within the country and overseas.During 1998-99 the company exported 12324240 KWH of power to state grid apart from the captive consumption of sugar & distillery division aggreating to 22056612 KWH. Both the Ist & IInd phase of the system were fully operational during the year. The company has replaced mill turbines using DC motors which increased crushing rate of sugarcane and hence increased generation of power.During 2001-02 RSCL has acquired the entire issued & Subscribed capital of South India Sugars limited situated at VillupuramTN. It also plans to install 22 MW Co-generation facility at Mundiampakkam at a cost of Rs.65 crores. The facility is expected to be operational by December2004. The project will be funded partly out of internal accurals and partly by the Banks/FI's.

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