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Ugar Sugar Works Ltd
Ugar Khurd, TALUKA Athani
Phone: +91 8312472204p:+91 8312472204 BANGALORE, 591316  India Ticker: UGARSUGARUGARSUGAR
Business Summary
The Ugar Sugar Works Limited is an India-based sugar factory. The Company is primarily engaged in the manufacturing and sale of sugar, industrial and potable alcohol, and the generation and distribution of electricity. It is involved in the manufacture of sugar integrated with cogeneration of power and distillery operations and Indian-made foreign liquor (IMFL). The Company’s plants are located at Ugar Khurd in Belagavi District, and at Malli-Nagarhalli Village in Kalburgi District in the state of Karnataka. The Company crushes a total of 18,000 Tons of Cane per Day (tcd) of sugarcane daily. The Company is operating an over 44 megawatts (MW) bagasse-based cogeneration power plant. The Company has over two distilleries at Ugar, where many of its India Made Liquor (IML) brands, Old Castle Premium Whisky, U.S. Whisky, U.S. Brandy and U.S. Gin are manufactured, and also manufacture ethanol.
(Source: F-4)

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

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
2061 Cane sugar, except refining
2084 Wines, brandy, and brandy spirits
2085 Distilled and blended liquors
4911 Electric services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Managing Director Shishir S.Shirgaokar 77 9/23/2020
Non-Executive Chairman of the Board Rajendra V.Shirgaokar 80 3/31/2009 3/31/2009
Compliance Officer, Company Secretary Balkrishna G.Kulkarni 4/15/2024
7 additional Officers and Directors records available in full report.

Business Names
Business Name
Ugar Sugar Works Limited (Parent)
Ugar Theatre Pvt Ltd
UGARSUGAR

General Information
Number of Employees: 1,125 (As of 3/31/2023)
Outstanding Shares: 112,500,000 (As of 9/30/2023)
Shareholders: 54,970
Stock Exchange: NSE
Fax Number: +91 8339272232


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Thursday, April 18, 2024