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The Ugar Sugar Works Ltd.

Ugar Sugar Works

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NSE

BSE

Subsidiaries

No Data Available

No Subsidiaries Data available

Management

1. Tushar V Deshpande
Company Secretary & Compliance Officer
2. Shishir S Shirgaokar
Chairman
3. Prafulla Vinayak Shirgaokar
Non Executive Director
4. Hari Y Athawale
Non Executive Independent Director
5. Shripad S Gangavati
Non Executive Independent Director
6. Suneeta Thakur
Non Executive Independent Director
7. Subhash Kutte
Non Executive Independent Director
8. Aashish Kamat
Non Executive Independent Director
9. Sachin R Shirgaokar
Non Executive Director
10. Shilpa Kumar
Non Executive Director
11. Niraj S Shirgaokar
Managing Director
12. Chandan S Shirgaokar
Managing Director
13. Sohan Sanjeev Shirgaokar
Executive Director
14. Shreenath Deshpande
Non Executive Independent Director
15. Ravi Shiralkar
Non Executive Independent Director

Contact Information

Company Address

Mahaveernagar, (Wakharbhag),
Sangli, Maharashtra - 416416
www.ugarsugar.com
usw.sangli@ugarsugar.com

Registrar

Bigshare Services Pvt Ltd
Office No S6-2, 6th Floor, Pinnacle Business Park,ext to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093(old address - Bharat Tin Works building, 1st floor, Opp. Vasant Oasis, Andheri East Mumbai - 400 059Tel: + 91 21 626 38200Fax:
Phone: 91-022-62638200
Email: Investor@bigshareonline.com
Website:

Company Profile

Incorporated on September 11, 1939, Ugar Sugar Works is one of the leading sugar factories in Karnataka. The registered office of the company is located at Mahaveernagar, Sangli. The company is engaged in manufacture and sale of sugar, industrial and potable alcohol, and generation and distribution of electricity. The company also manufacture Ethanol for the sale to oil companies and Industrial Alcohol for the local market.

The Ugar Sugar Works is the flagship organization of the Shirgaokar Group of Companies. The company has been involved in the manufacture of white crystal sugar. The company operates through the following key business divisions: Sugar Division, Power (Co-generation) Division, Indian Made Liquor (IML) Division, Industrial Alcohol Division, and Ethanol Division.

Business area of the company

The company is engaged in manufacture and sale of sugar, industrial and potable alcohol, and generation and distribution of electricity. The company also manufactures Ethanol for the sale to oil companies and Industrial Alcohol for the local market.

Products of the company

  • White crystal sugar
  • Rectified spirit
  • Malt spirit
  • Industrial alcohol
  • Ethanol
  • Indian Made Liquor (IML)
  • Bagasse-based Power
  • Molasses and other sugar by-products

History and milestones

  • 1939: The company was incorporated on September 11, 1939.
  • 1942: A 500 TCD sugar plant was installed and the first crushing season began on 21 April 1942.
  • 2021: Ugar Sugar Works was incorporated a subsidiary Company namely ‘USW Spirits’ on February 17, 2021.
  • 2022: The company was received Environmental Clearance for expansion for 645 KLPD on sugarcane juice / syrup to Ethanol. Totaling capacity up to 845 KLPD under ethanol blending progammme.
  • 2022: Ugar Sugar Works completed the establishment of 200 KLPD distillery.
  • 2024: Ugar Sugar Works has entered into a Lease Agreement with S.G.Z & S.G.A. Sugars (J.V.).

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