Bajaj Hindusthan Sugar Ltd. has acquired a 98 per cent stake in Phenil Sugars by converting existing preference shares worth Rs 350 crore into equity shares. The company has converted 3,50,03,927 redeemable non-cumulative convertible preference shares of Rs 100 amounting…
Sugar Mills
Food Ministry of India, which has allowed export of 6 million tonne of sugar till May 31 of the ongoing 2022-23 season, has said it could consider allowing more export after periodic assessment of the domestic production. Read: October 2022 Issue…
Sugar Production in Maharashtra has been recorded all time high at 137.28 lakh tonnes of production in 2021-22, which is nearly 31 lakh tonnes more than the previous year. The state also broke another record of crushing 1,320.31 lakh tonnes…
The Cabinet Committee on Economic Affairs, presided by Prime Minister Shri Narendra Modi, has made the Fair and Remunerative Price (FRP) of sugarcane mandatory to be paid by sugar mills for 2020-21 sugar season (October-September) as per the suggestions of…