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Dharani Sugars and Chemicals Ltd
PGP HOUSE #57
Sterling Road, Nungambakkam
Phone: +91 4428311313p:+91 4428311313 CHENNAI, 600034  India Ticker: DHARSUGARDHARSUGAR

On 9/20/2019, the Bank of India filed an application under section 7 of the Insolvency and Bankruptcy Code 2016 with the National Company Law Tribunal, Chennai Bench, against Dharani Sugars and Chemicals Ltd.
On 7/29/2021, the National Company Law Tribunal, Chennai Bench, initiated a Corporate Insolvency Resolution Process for Dharani Sugars and Chemicals Ltd pursuant to the application filed against the Company by the Bank of India.

Business Summary
Dharani Sugars and Chemicals Limited is engaged in the business of manufacturing of white sugar, generation of electricity and production of industrial alcohol. The Company's products/services include Sugar, Distillery and Co generation. The Company's segments include Sugar, Distillery and Power. The Sugar segment includes molasses and other by-products. It is engaged in manufacturing of alcohol, including ethanol. It has over three integrated sugar plants with a total crushing capacity of approximately 10,000 tons of cane per day (TCD) and a multi product distillery of approximately 160 kilo liters per day (KLPD). It has a co-generation power plant of 37 megawatts (MWs). Its operations are spread across locations in Tamil Nadu, including Dharani Nagar in Tirunelveli District at Karaipoondi Village; Polur in Thiruvannamalai District, and Kalayanallur Village, Sankarapuram Taluk in Villupuram District.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/20213/31/2021Yes----

Industries
SIC Code Description
2062 Cane sugar refining
2085 Distilled and blended liquors
4911 Electric services

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Executive Chairman of the Board Palani G.Periasamy 77
Compliance Officer, Company Secretary E. P.Sakthivel
Managing Director, Whole Time Director M.Ramalingam
5 additional Officers and Directors records available in full report.

Business Names
Business Name
507442
Dharani Sugars and Chemicals Ltd
Dharani Sugars and Chemicals Ltd(NDA)
DHARSUGAR

General Information
Number of Employees: 1,076 (As of 3/31/2013)
Outstanding Shares: 33,200,000 (As of 9/30/2021)
Shareholders: 14,804
Stock Exchange: NSE
Fax Number: +91 4428232074


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Sunday, December 5, 2021