About Shree Renuka Sugars Ltd
Shree Renuka Sugars Ltd. stands as a prominent agribusiness and bio-energy enterprise in India. Established in 1998 and headquartered in Mumbai, it has carved out a niche in the agricultural and renewable energy landscape. The company is distinguished by its comprehensive approach to sugar production and ethanol manufacturing.
At the heart of its product portfolio is the acclaimed Madhur Pure and Hygienic Sugar. They have emerged as India's leading packed sugar brand. The company has diversified its offerings to include power generation, positioning itself as a versatile player in the bio-energy sector. Its operational excellence is underscored by its two large port-based refineries. These refineries have helped it make substantial contributions to India's ethanol blending program.
The top promoters of Shree Renuka Sugars include Wilmar Sugar and Energy Pte. Ltd. (Formerly known as Wilmar Sugar Holdings Pte. Ltd.), which owns 62.48% of the total equity. Meanwhile, ICICI Bank Ltd. has an 8.07% stake in the company. This substantial shareholding ensures strategic continuity and robust corporate governance.
The management team is characterized by innovation and building strong partnerships with farmers. Atul Chaturvedi acts as the Executive Chairman of Shree Renuka Sugars Ltd., while Vijendra Singh holds the position of Executive Director & Deputy CEO. Apart from them, there are other managerial promoters who have contributed to the success of the company. They are –
While Shree Renuka Sugars is a significant sugar producer in India, it maintains a pragmatic perspective on its global market position. The company's strength lies in its scale and its ability to integrate various aspects of the agricultural value chain. From sugar production to renewable energy generation, the company demonstrates a holistic approach to agribusiness.
The registered office is located at Kanakashree Arcade, Belagavi, Karnataka. Meanwhile, the company's registrars are based in the Financial District, Hyderabad. Overall, Shree Renuka Sugars' multifaceted approach of combining traditional agricultural expertise with modern technological innovation positions the company as a key player in India's evolving agribusiness landscape.
Shree Renuka Sugars operates a strategically diversified business model spanning multiple segments of the agricultural value chain. Leveraging its presence in sugarcane-rich territories, the company maintains eight sophisticated sugar mills, which serve as the cornerstone of its operations.
These advanced facilities are designed to efficiently process sugarcane, extracting pure juice through precision milling techniques. The extracted juice undergoes meticulous refinement, transforming raw agricultural produce into premium-quality sugar. This integrated approach maximizes agricultural resource utilization. It also demonstrates the company's commitment to creating value-added products from sugarcane cultivation.
The company is one of India's largest sugar refiners, with two integrated port-based refineries at Kandla and Haldia. These refineries handle over 1.38 million metric tons of raw sugar annually. The company also exports refined sugar to international markets like the Middle East and Africa. Shree Renuka Sugars' flagship product, Madhur Pure and Hygienic Sugar, is India's leading packed sugar brand, with over 33% market share.
Shree Renuka Sugars is a pioneer in the production of ethanol from sugarcane. The company has an ethanol production capacity of 1,250 kilolitres per day (KLPD). This reduces the country's dependence on fossil fuels. Additionally, the company generates renewable energy through co-generation plants at its sugar mills, promoting sustainable energy practices.
Sustainability is at the core of Shree Renuka Sugars' operations. The company promotes eco-friendly farming practices and water conservation initiatives. It also promotes waste management and community development programs. Shree Renuka Sugars aims to create a greener and cleaner future while supporting the local farming community by focusing on sustainable practices.
Shree Renuka Sugars maintains strong alliances with farmers. The company ensures that its products are distributed at fair prices. Shree Renuka Sugars Ltd.'s farmer-centric approach helps improve crop yields. This ensures a steady supply of high-quality sugarcane for its mills.
Looking ahead, Shree Renuka Sugars aims to continue its growth trajectory by expanding its production capacities and exploring new markets. It is also looking for ways to enhance its product offerings. The company remains committed to its vision of becoming a leading sustainable agribusiness company, contributing to India's food and bioenergy security.
Shree Renuka Sugars Ltd. is revolutionizing agribusiness in India through its innovative approach, commitment to sustainability, and strong farmer alliances. The company is also focusing on green energy initiatives and sustainable practices. As a result, it is paving the way for a more environmentally friendly and efficient agribusiness sector. As Shree Renuka Sugars continues to grow, it remains dedicated to delivering value to its customers, shareholders, and the broader community.
At the heart of its product portfolio is the acclaimed Madhur Pure and Hygienic Sugar. They have emerged as India's leading packed sugar brand. The company has diversified its offerings to include power generation, positioning itself as a versatile player in the bio-energy sector. Its operational excellence is underscored by its two large port-based refineries. These refineries have helped it make substantial contributions to India's ethanol blending program.
The top promoters of Shree Renuka Sugars include Wilmar Sugar and Energy Pte. Ltd. (Formerly known as Wilmar Sugar Holdings Pte. Ltd.), which owns 62.48% of the total equity. Meanwhile, ICICI Bank Ltd. has an 8.07% stake in the company. This substantial shareholding ensures strategic continuity and robust corporate governance.
The management team is characterized by innovation and building strong partnerships with farmers. Atul Chaturvedi acts as the Executive Chairman of Shree Renuka Sugars Ltd., while Vijendra Singh holds the position of Executive Director & Deputy CEO. Apart from them, there are other managerial promoters who have contributed to the success of the company. They are –
-
Ravi Gupta
-
Kuok Khoon Hong
-
Charles Cheau Leong Loo
While Shree Renuka Sugars is a significant sugar producer in India, it maintains a pragmatic perspective on its global market position. The company's strength lies in its scale and its ability to integrate various aspects of the agricultural value chain. From sugar production to renewable energy generation, the company demonstrates a holistic approach to agribusiness.
The registered office is located at Kanakashree Arcade, Belagavi, Karnataka. Meanwhile, the company's registrars are based in the Financial District, Hyderabad. Overall, Shree Renuka Sugars' multifaceted approach of combining traditional agricultural expertise with modern technological innovation positions the company as a key player in India's evolving agribusiness landscape.
How Shree Renuka Sugars is Revolutionizing Agribusiness
Shree Renuka Sugars Ltd. is transforming the agribusiness landscape in India with its innovative approach and commitment to sustainability. Founded in 1998, the company operates across the entire value chain of sugar production, from sugarcane farming to refined sugar exports.Shree Renuka Sugars operates a strategically diversified business model spanning multiple segments of the agricultural value chain. Leveraging its presence in sugarcane-rich territories, the company maintains eight sophisticated sugar mills, which serve as the cornerstone of its operations.
These advanced facilities are designed to efficiently process sugarcane, extracting pure juice through precision milling techniques. The extracted juice undergoes meticulous refinement, transforming raw agricultural produce into premium-quality sugar. This integrated approach maximizes agricultural resource utilization. It also demonstrates the company's commitment to creating value-added products from sugarcane cultivation.
The company is one of India's largest sugar refiners, with two integrated port-based refineries at Kandla and Haldia. These refineries handle over 1.38 million metric tons of raw sugar annually. The company also exports refined sugar to international markets like the Middle East and Africa. Shree Renuka Sugars' flagship product, Madhur Pure and Hygienic Sugar, is India's leading packed sugar brand, with over 33% market share.
Shree Renuka Sugars is a pioneer in the production of ethanol from sugarcane. The company has an ethanol production capacity of 1,250 kilolitres per day (KLPD). This reduces the country's dependence on fossil fuels. Additionally, the company generates renewable energy through co-generation plants at its sugar mills, promoting sustainable energy practices.
Sustainability is at the core of Shree Renuka Sugars' operations. The company promotes eco-friendly farming practices and water conservation initiatives. It also promotes waste management and community development programs. Shree Renuka Sugars aims to create a greener and cleaner future while supporting the local farming community by focusing on sustainable practices.
Shree Renuka Sugars maintains strong alliances with farmers. The company ensures that its products are distributed at fair prices. Shree Renuka Sugars Ltd.'s farmer-centric approach helps improve crop yields. This ensures a steady supply of high-quality sugarcane for its mills.
Looking ahead, Shree Renuka Sugars aims to continue its growth trajectory by expanding its production capacities and exploring new markets. It is also looking for ways to enhance its product offerings. The company remains committed to its vision of becoming a leading sustainable agribusiness company, contributing to India's food and bioenergy security.
Shree Renuka Sugars Ltd. is revolutionizing agribusiness in India through its innovative approach, commitment to sustainability, and strong farmer alliances. The company is also focusing on green energy initiatives and sustainable practices. As a result, it is paving the way for a more environmentally friendly and efficient agribusiness sector. As Shree Renuka Sugars continues to grow, it remains dedicated to delivering value to its customers, shareholders, and the broader community.
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