Parrys Sugar Industries Limited logo

Parrys Sugar Industries Limited

This company produces and supplies sugar and its by-products, generates power using biogas, and offers support services to farmers.

1986 Bangalore, Karnataka (India) Merged

The corporate selected is having status as amalgamated hence financial data is not available. You may check its last filed documents by making a request.

About

Basic Data Updated:

1 month ago

Parrys Sugar Industries Limited, previously known as GMR Industries Ltd, is involved in the production and supply of sugar and its by-products, including molasses. The generation of power through the use of biogas is also a key aspect of the company's operations. Support services are offered by PSIL to assist farmers in need, such as financial aid and infrastructure support. This includes providing subsidized agricultural loans and arranging skilled labor for harvesting during the season. The company also works towards improving the rural road network for efficient transportation of inputs and produce, as well as arranging low-cost bullock carts on a loan basis for transportation from the field to the factory. PSIL's main sugar unit is located in Ramdurg, Karnataka, with a cane crushing capacity of 4,000 TCD (tonnes of cane per day) and a co-generation unit of 13 MW (Mega Watts).

Industry

Company Details

  • Location

    Bangalore, Karnataka, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL28100KA1986PLC049077
Company No.049077
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date30 Jun 1986
Date of AGM22 Jul 2016
Date of Balance Sheet31 Mar 2016
Listing StatusListed
ROC CodeRoc Bangalore

Financials of Parrys Sugar Industries Limited

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Parrys Sugar Industries Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 15.61% increase. The company also saw a substantial improvement in profitability, with a 56.32% increase in profit. The company's net worth observed a substantial decline by a decrease of 31.29%.

Corporate Structure

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People in Parrys Sugar Industries Limited

Executive Team (3)

  • RV

    Ramesh V In Managing Director

    Appointment Date: 28-Apr-2014

    Status: Current

  • SV

    Suri Venkataraman In CFO

    Appointment Date: 29-Apr-2014

    Status: Current

  • AD

    Amar Dora In Company Secretary

    Appointment Date: 02-Sep-2013

    Status: Current

Board Members(4)

Charges (Loans)

Satisfied Charges

₹1,114.33 cr

LenderAmountStatus

Icici Bank Limited

Creation Date: 16 Dec 2011
₹32.63 CrSatisfied

Axis Bank Ltd.

Creation Date: 17 Jun 2011
₹205.00 CrSatisfied

Axis Bank

Creation Date: 29 Apr 2011
₹25.00 CrSatisfied

Deals i

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Rating

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Alert

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  • Vivardhana Microfinance Limited

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  • Siva Foods Impex Private Limited

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    Active build-icon 12 years 8 months

    Amar Dora is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Parrys Sugar Industries Limited last Annual general meeting of members was held on 22 Jul 2016 as per latest MCA records.

    22 Jul 2016
  • Activity

    Balance Sheet

    Parrys Sugar Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.

    31 Mar 2016
  • Activity

    Director Appointment

    Lalitha Balakrishnan was appointed as a Director was appointed as a Director on 30 Mar 2015 & has been associated with this company since 9 years 1 month .

    30 Mar 2015
  • Activity

    Charges

    A charge registered on 16 Dec 2011 via Charge ID 10323538 with Icici Bank Limited was fully satisfied on 29 May 2014.

    29 May 2014
  • Activity

    Director Appointment

    Ramesh V was appointed as a Managing Director was appointed as a Managing Director on 28 Apr 2014 & has been associated with this company since 10 years 26 days .

    28 Apr 2014

Frequently asked questions

What is the Incorporation or founding date of Parrys Sugar Industries Limited?

Parrys Sugar Industries Limited was incorporated 37 years 10 months ago on 30 Jun 1986 with Registrar of Companies Roc Bangalore.

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