Riga Sugar Co Ltd - agriculture in Kolkata, West Bengal, India. FY 2026 financials and compliance.
CIN L15421WB1980PLC032970 Incorporated 02 September 1980 ROC Kolkata HQ Kolkata, West Bengal, India
Under Liquidation Listed - BSE: 507508 Public Limited Company agriculture
Data last updated
Revenue · FY 2021
₹84.59 Cr
▼ 46.00% YoY
EBITDA · FY 2021
Locked
In full report
Net profit · FY 2021
Locked
In full report
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹14.44 Cr
Issued & subscribed
Open charges
₹314.33 Cr
Satisfied ₹502.65 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
10
Latest available

About Riga Sugar Co Ltd

Data last updated: 24 June 2025

Riga Sugar Co Ltd is a public limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in sugar processing, a part of the broader agriculture sector. Incorporated on 02 September 1980, the company has been in operation for over 46 years.

Registered with ROC Kolkata under CIN L15421WB1980PLC032970. Listed on BSE: 507508.

Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.44 Cr. It is led by directors including Om Prakash Dhanuka and Richa Ajitsaria.

Last AGM: 21 September 2021. Financial statements filed for year ended 31 March 2021. Office: 14 Netaji Subhas Road2Nd Floor P S Hare Street, Kolkata, West Bengal, India – 700001.

As per the financials filed for FY 2021, the company reported a revenue of ₹84.59 Cr, a decline of 46% compared to the previous year.

The company has a workforce of approximately 10 employees as per the latest available data.

The company is associated with 1 brand - Riga Sugar Company. As per MCA filings, the company has open charges of ₹314.33 Cr and satisfied charges of ₹502.65 Cr on record.

The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is rigasugar.com.

Company Details of Riga Sugar Co Ltd
CIN L15421WB1980PLC032970
Registration Number 032970
Incorporation Date 02 September 1980
ROC Kolkata
Listing Status Listed (BSE: 507508)
Company Status Under Liquidation
Date of Last AGM 21 September 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    14 Netaji Subhas Road2Nd Floor P S Hare Street, Kolkata, West Bengal, India – 700001
  • Industry
    Agriculture, Sugar Processing
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Financials, compliance, directors, charges, ownership and filings for Riga Sugar Co Ltd in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Riga Sugar Co Ltd

Riga Sugar Co Ltd operates one associated brand: Riga Sugar Company. These brands represent Riga Sugar Co Ltd's diversified market presence and brand portfolio.

Brand Description Website
Digital consultancy services for transformation, AI, and automation are provided. rigasugar.com

Business Activity of Riga Sugar Co Ltd

Riga Sugar Co Ltd 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 Riga Sugar Co Ltd

Riga Sugar Co Ltd is audited by SALARPURIA & PARTNERS for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
SALARPURIA & PARTNERS Locked Locked Locked
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Board of Directors and KMP of Riga Sugar Co Ltd

Riga Sugar Co Ltd currently reports 4 directors and 1 key managerial person. 17 former directors have served the organization.

Directors and KMP (as last reported)
Name Designation Appointment Date Tenure Status
Jitendra Kumar Pachisia Cfo 19 Aug 2020 5 Years 11 Months As last reported
Om Prakash Dhanuka Managing Director 02 Sep 1980 45 Years 11 Months As last reported
Richa Ajitsaria Director 29 Jul 2021 5 Years 0 Months As last reported
Purushottam Jagannath Bhide Director 12 Apr 2019 7 Years 4 Months As last reported
Dilip Datta Director 11 Feb 2016 10 Years 6 Months As last reported

Financials of Riga Sugar Co Ltd FY 2021 filings available

Riga Sugar Co Ltd reported revenue of ₹84.59 Cr (down 46.00% YoY) for FY 2021.

Revenue · FY 2021
₹84.59 Cr ▼ 46.00%
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Ownership and Shareholding of Riga Sugar Co Ltd

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Charges & Borrowings of Riga Sugar Co Ltd

Open charges
₹314.33 Cr
Satisfied charges
₹502.65 Cr
Breakdown by lending institutions
Others₹281.02 Cr
Union Bank of India₹33.31 Cr
Latest charge details
DateLenderAmountStatus
14 Dec 2015 Union Bank of India ₹2.31 Cr Open
30 Oct 2015 Union Bank of India ₹4.2 Cr Open
02 May 2014 Union Bank of India ₹3.21 Cr Open
02 Apr 2011 Union Bank of India ₹3 Cr Open
19 Mar 2008 Union Bank of India ₹1.65 Cr Open

Total charge records: 28 View all charges

Employees and EPFO Compliance at Riga Sugar Co Ltd

Riga Sugar Co Ltd has a workforce of 10 employees as of Apr 06, 2024.

Employee count
10
Active EPFO establishments
2
Employee growth
-16.67%
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GST Compliance of Riga Sugar Co Ltd

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Credit Ratings, Litigation & Regulatory Alerts for Riga Sugar Co Ltd

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MSME Payment Delays by Riga Sugar Co Ltd

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MSME payment history for Riga Sugar Co Ltd

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Subsidiaries & Group Companies of Riga Sugar Co Ltd

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Corporate group structure for Riga Sugar Co Ltd

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MCA Filings & Documents of Riga Sugar Co Ltd

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Recent Activity on Riga Sugar Co Ltd

Activity
21 Sep 2021
Riga Sugar Co Ltd last Annual general meeting of members was held on 21 Sep 2021 as per latest MCA records.
Directors
29 Jul 2021
Richa Ajitsaria was appointed as a Director on 29 Jul 2021 & has been associated with this company since 5 years 14 days.
Activity
31 Mar 2021
Riga Sugar Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata.
Directors
19 Aug 2020
Jitendra Kumar Pachisia was appointed as a CFO on 19 Aug 2020 & has been associated with this company since 5 years 11 months.
Directors
12 Apr 2019
Purushottam Jagannath Bhide was appointed as a Director on 12 Apr 2019 & has been associated with this company since 7 years 4 months.
Charges
03 Apr 2018
A charge registered on 17 Dec 2015 via Charge ID 10612297 with Bank Of India was fully satisfied on 03 Apr 2018.

Recent News on Riga Sugar Co Ltd

Frequently Asked Questions about Riga Sugar Co Ltd

Riga Sugar Co Ltd is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Riga Sugar Co Ltd is a company under liquidation, formerly operating as a public limited company in the agriculture sector based in Kolkata, West Bengal, India. It was incorporated on 02 September 1980 and is registered under CIN L15421WB1980PLC032970. Listed on BSE: 507508. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Riga Sugar Co Ltd reported revenue of ₹84.59 Cr for FY 2021 (down 46.00% YoY).

The current directors and KMP of Riga Sugar Co Ltd are:

The CIN (Corporate Identification Number) of Riga Sugar Co Ltd is L15421WB1980PLC032970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Riga Sugar Co Ltd is listed on BSE with code 507508.

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