Nirani Sugars Limited - agriculture in Bagalkot, Karnataka, India. FY 2026 financials and compliance.
CIN U15424KA2020PLC142790 Incorporated 30 December 2020 ROC Bangalore HQ Bagalkot, Karnataka, India
Active Public Limited Company agriculture
Data last updated
Revenue · FY 2024
₹3,030.64 Cr
▲ 66.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹1,500 Cr
Registered with MCA
Paid-up capital
₹1,455.53 Cr
Issued & subscribed
Open charges
₹3,447.35 Cr
Satisfied ₹2,040.33 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
2,573
Latest available

About Nirani Sugars Limited

Data last updated: 07 February 2026

Nirani Sugars Limited is a public limited company based in Bagalkot, Karnataka, India. It specialises in sugar processing, a part of the broader agriculture sector. Incorporated on 30 December 2020, the company has been in operation for over 6 years.

Registered with ROC Bangalore under CIN U15424KA2020PLC142790.

Capital: an authorised share capital of ₹1,500 Cr and a paid-up capital of ₹1,455.53 Cr. It is led by directors including Sangamesh Nirani and Vishal Nirani.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Survey No. 166 Kulali Cross Jamkhandi Mudhol Road, Bagalkot, Karnataka, India – 587313.

As per the financials filed for FY 2024, the company reported a revenue of ₹3,030.64 Cr, a growth of 66% compared to the previous year.

The company has a workforce of approximately 2,573 employees as per the latest available data.

The company is associated with 1 brand - Mrn Group. As per MCA filings, the company has open charges of ₹3,447.35 Cr and satisfied charges of ₹2,040.33 Cr on record.

For more details, the company can be reached via its website niranigroups.com.

Company Details of Nirani Sugars Limited
CIN U15424KA2020PLC142790
Registration Number 142790
Incorporation Date 30 December 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Survey No. 166 Kulali Cross Jamkhandi Mudhol Road, Bagalkot, Karnataka, India – 587313
  • Industry
    Agriculture, Sugar Processing
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Financials, compliance, directors, charges, ownership and filings for Nirani Sugars Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Nirani Sugars Limited

Nirani Sugars Limited has one previous CIN (Corporate Identification Number): U15424KA2020PTC142790. The current CIN is U15424KA2020PLC142790, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U15424KA2020PLC142790 Current
U15424KA2020PTC142790 Previous

Associated Brands with Nirani Sugars Limited

Nirani Sugars Limited operates one associated brand: MRN Group. These brands represent Nirani Sugars Limited's diversified market presence and brand portfolio.

Brand Description Website
Sugar production, ethanol manufacturing, and diversified industries in India. niranigroups.com

Business Activity of Nirani Sugars Limited

Nirani Sugars Limited is engaged in the principal business activity of manufacturing, with detailed activities including food, beverages and tobacco products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C1 Food, beverages and tobacco products Locked
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Auditor Details of Nirani Sugars Limited

Nirani Sugars Limited is audited by YCRJ & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
YCRJ & Associates Locked Locked Locked
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Board of Directors of Nirani Sugars Limited

Nirani Sugars Limited is currently managed by 10 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Sangamesh Nirani Director 19 Oct 2021 4 Years 10 Months Current
Vishal Nirani Managing Director 19 Oct 2021 4 Years 10 Months Current
Kamala Murigeppa Nirani Director 15 Jul 2024 2 Years 1 Months Current
Ramesh Biradar Director 17 Jun 2025 1 Years 2 Months Current
Chikkaveerappa Somasekhara Director 15 Jul 2024 2 Years 1 Months Current
Vikram Dattatray Kakade Director 15 Jul 2024 2 Years 1 Months Current
Showing 6 of 10 current directors. View all directors

Financials of Nirani Sugars Limited FY 2024 filings available

Nirani Sugars Limited reported revenue of ₹3,030.64 Cr (up 66.00% YoY) for FY 2024.

Revenue · FY 2024
₹3,030.64 Cr ▲ 66.00%
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Ten-year financial statements for Nirani Sugars Limited

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Ownership and Shareholding of Nirani Sugars Limited

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Charges & Borrowings of Nirani Sugars Limited

Open charges
₹3,447.35 Cr
Satisfied charges
₹2,040.33 Cr
Breakdown by lending institutions
Others₹1,486.67 Cr
Bank of India₹795.19 Cr
Idbi Trusteeship Services Limited₹682.50 Cr
Ifci Limited₹228.42 Cr
State Bank of India₹160.00 Cr
Others₹94.57 Cr
Latest charge details
DateLenderAmountStatus
23 Oct 2025 Others ₹50 Cr Open
23 Oct 2025 Others ₹10 Cr Open
17 Oct 2025 Bank of India ₹18 Cr Open
16 Oct 2025 Bank of India ₹67 Cr Open
01 Sep 2025 Bank of India ₹50 Cr Open

Total charge records: 81 View all charges

Employees and EPFO Compliance at Nirani Sugars Limited

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Employee and EPFO history for Nirani Sugars Limited

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GST Compliance of Nirani Sugars Limited

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Credit Ratings, Litigation & Regulatory Alerts for Nirani Sugars Limited

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Credit ratings, litigation, and regulatory alerts for Nirani Sugars Limited

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MSME Payment Delays by Nirani Sugars Limited

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MSME payment history for Nirani Sugars Limited

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Subsidiaries & Group Companies of Nirani Sugars Limited

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Corporate group structure for Nirani Sugars Limited

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MCA Filings & Documents of Nirani Sugars Limited

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MCA filings and documents for Nirani Sugars Limited

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Recent Activity on Nirani Sugars Limited

Charges
23 Oct 2025
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101175647 was registered on 23 Oct 2025.
Charges
23 Oct 2025
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101175657 was registered on 23 Oct 2025.
Charges
17 Oct 2025
A charge with Bank Of India amounted to Rs. 18.00 Cr with Charge ID 101179015 was registered on 17 Oct 2025.
Charges
16 Oct 2025
A charge with Bank Of India amounted to Rs. 67.00 Cr with Charge ID 101179022 was registered on 16 Oct 2025.
Charges
01 Sep 2025
A charge with Bank Of India amounted to Rs. 50.00 Cr with Charge ID 101155889 was registered on 01 Sep 2025.
Charges
28 Aug 2025
A charge registered on 26 Oct 2023 via Charge ID 100810611 with Bank Of India was fully satisfied on 28 Aug 2025.

Frequently Asked Questions about Nirani Sugars Limited

Nirani Sugars Limited is an active public limited company in the agriculture sector based in Bagalkot, Karnataka, India. It was incorporated on 30 December 2020 (6+ years old) and is registered under CIN U15424KA2020PLC142790. The company has 2,573 employees.

Nirani Sugars Limited reported revenue of ₹3,030.64 Cr for FY 2024 (up 66.00% YoY).

The current directors of Nirani Sugars Limited are:

The primary industry of Nirani Sugars Limited is agriculture. The company specifically operates in sugar processing. The company is currently active in this sector.

Nirani Sugars Limited can be reached at the registered office: Survey No. 166 Kulali Cross Jamkhandi Mudhol Road, Bagalkot, Karnataka, India – 587313, or through the website niranigroups.com.

The authorised capital is ₹1,500 Cr, and the paid-up capital is ₹1,455.53 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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