Rana Sugars Ltd Share Price

(RANASUG)

Rana Sugars Limited is a public limited company established by the Punjab Agro Industrial Corporation with a 28.6 equity stake and Rana Gurjit Singh and his associates with 17.2 equity stake to set up a 2500 metric tonne per day sugar plant with a captive power generation of 5 Mega Watts. Located in Punjab, the main product of the company is white crystal sugar, which is used in households, confectionery and pharmaceuticals. The two by-products created from the manufacture of white crystal sugar are Molasses and Bagasse. Molasses are used to manufacture alcohol and citric acid, while Bagasse is used as a raw material in the paper industry and also as a fuel to generate steam and power. Rana Sugars is the first company in North India to have set up a Cogeneration Power Project, which started production in March 2002, generating 14 MW of surplus power after meeting its captive requirement. The advantage of the company lies in the fact that Punjab is a sugar-deficit state and yield per hectare is satisfactory.

Listing date: 25 May, 1995
Chairperson Name: Rana Ranjit Singh