The Ugar Sugar Works Ltd. Ugar Sugar Works
Ugar Sugar Works
The Ugar Sugar Works Ltd. live price is ₹ 0.00. Price change 0.00, 0.00 percent.
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Subsidiaries
No Subsidiaries Data available
Management
1. Shishir S Shirgaokar
Chairman
2. P V Shirgaokar
Promoter & Non-Executive Director
3. Hari Y Athawale
Non Executive Independent Director
4. Shripad S Gangavati
Non Executive Independent Director
5. Suneeta Thakur
Non Executive Independent Woman Director
6. Subhash Kutte
Non Executive Independent Director
7. Shreenath Deshpande
Non Executive Independent Director
8. Ravi Shiralkar
Non Executive Independent Director
9. Sachin R Shirgaokar
Promoter & Non-Executive Director
10. Shilpa Kumar
Promoter & Non-Executive Woman Director
11. Niraj S Shirgaokar
Managing Director
12. Chandan S Shirgaokar
Managing Director
13. Sohan S Shirgaokar
Executive Director
14. Tushar V Deshpande
Company Secretary & Compliance Officer
15. Ashish R Kamath
Non Executive Independent Director
Contact Information
Company Address
Mahaveernagar,(Wakharbhag),
Registrar
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.).