Sukhjit Starch & Chemicals Ltd

Sukhjit Starch & Chemicals Ltd

Established as a private limited company in 1943 Sukhjit Starch & Chemicals (SSCL) went public in 1944. It was originally promoted by B K Sardana et al to set up a maize starch manufacturing plant with an installed capacity of 5 tpd at Phagwara Punjab. Its capacity was expanded to 35 tpd by 1960. SSCL commissioned a 100% indigenous liquid glucose plant in 1967 and added a dextrose monohydrate facility in 1982.The company is engaged in manufacturing edible maize starch used in the preparation of ice-cream custard powder confectionery etc; maize starch used in the textile and paper industries; dextrine used in foundries as a binder; liquid glucose used in the manufacture of jams jellies chewing gums etc; and dextrose monohydrate (glucose) used in pharmaceuticals. The company added a manufacturing facility for sorbitol commissioned in Mar.'95. To part-finance the sorbitol project in Nov.'92 SSCL offered rights (1:2) at a premium of Rs 60 per share.As there is a demand in this sector the company has set up its third unit at Malda (West Bengal). The commercial production commenced on 5th June2003. The project was financed by PNB as a term loan.