Riga Sugar Co Ltd - Company Profile

Q: Who are the current directors of Riga Sugar Co Ltd?

The current directors of Riga Sugar Co Ltd are Dilip Datta, Jitendra Kumar Pachisia, Neeraj Jain, Richa Ajitsaria, Om Prakash Dhanuka, Purushottam Jagannath Bhide.

It is a agriculture public limited company based in Kolkata, West Bengal, India, established in 1980.

1980 Kolkata, West Bengal, India Under Liquidation

Last Updated: June 24, 2025

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About Riga Sugar Co Ltd

Riga Sugar Co Ltd, a under liquidation public limited company, was established on 02 September 1980 in Kolkata, West Bengal, India. Engaging in sugar processing within the manufacturing sector, it holds CIN: L15421WB1980PLC032970. Registered under ROC Roc Kolkata. it is listed on BSE: 507508. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹14.44 Cr.

It upholds a compliant status. Employing 10 professional, Its leadership includes Dilip Datta (Director), Neeraj Jain (Irp/Rp/Liquidator), Richa Ajitsaria (Director). Past directors included Dilip Datta, Goutam Bhattacharya, Rahul Pasari. It holds ₹314.33 Cr open charges and ₹502.65 Cr settled loans. Its latest AGM occurred on 21 September 2021, with the balance sheet filed on 31 March 2021. It is based at 14 Netaji Subhas Road2Nd Floor P S Hare Street, Kolkata, West Bengal, 700001.

Company Details

CIN/LLPIN
L15421WB1980PLC032970
Registration Number
032970
Incorporation Date
02 September 1980
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹14.44 Cr
ROC Code
Roc Kolkata
Listing Status
Listed (BSE: 507508)
Company Status
Under Liquidation

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 24-06-2025
Paid Up Capital ₹ 14.44 Cr as on 24-06-2025
Company Age 45 Year, 6 Months
Last Filing with ROC 31 Mar 2021
Open Charges ₹ 314.33 Cr as on 24-06-2025
Satisfied Charges ₹ 502.65 Cr as on 24-06-2025
Revenue Growth **** -46.15% (FY 2021)
Profit Growth **** -96.56% (FY 2021)
Ebitda **** -158.06% (FY 2021)
Net Worth -220.34% (FY 2021)
Total Assets -36.30% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Riga Sugar Co Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Riga Sugar Co Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Dilip Datta	Director	11 Feb 2016	Current
Neeraj Jain	Irp/Rp/Liquidator	16 May 2023	Current
Richa Ajitsaria	Director	29 Jul 2021	Current
Om Prakash Dhanuka	Managing Director	02 Sep 1980	Current
Jitendra Kumar Pachisia	Cfo	19 Aug 2020	Current
Purushottam Jagannath Bhide	Director	12 Apr 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Nominee Director	18 Mar 2009	Past
Pramod Abcsdd	Director	26 May 2011	Past
Pramod Abcsdd	Director	28 Mar 2019	Past
Pramod Abcsdd	Director	29 Jan 2009	Past
Pramod Abcsdd	Company Secretary	01 Apr 2019	Past

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Financial Performance of Riga Sugar Co.

Riga Sugar Co Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 46.15% decrease. The company also saw a substantial fall in profitability, with a 96.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 220.34%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-46.15%

*******

Revenue from Operations

*******

-48.32%

*******

Total Assets

*******

-36.30%

*******

Profit or Loss

*******

-96.56%

*******

Net Worth

*******

-220.34%

*******

EBITDA

*******

-158.06%

*******

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What is the Ownership and Shareholding Structure of Riga Sugar Co?

In 2021, Riga Sugar Co had a promoter holding of 68.47% and a public holding of 31.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹3,143,349,000.00

Satisfied Charges

₹5,026,500,000.00

Charges Breakdown by Lending Institutions

Others : 281.02 Cr
Union Bank Of India : 33.31 Cr

Latest Charge Details

Date	Lender	Amount	Status
14 Dec 2015	Union Bank Of India	₹2.31 Cr	Open
30 Oct 2015	Union Bank Of India	₹4.20 Cr	Open
02 May 2014	Union Bank Of India	₹3.21 Cr	Open
02 Apr 2011	Union Bank Of India	₹3.00 Cr	Open
19 Mar 2008	Union Bank Of India	₹1.65 Cr	Open

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How Many Employees Work at Riga Sugar Co?

Riga Sugar Co has a workforce of 10 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Riga Sugar Co, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Riga Sugar Co's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Riga Sugar Co

Recent Activity within the Organization

Director Appointment

Neeraj Jain was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 16 May 2023 & has been associated with this company since 2 years 9 months . was recorded as a recent event.
16 May 2023
Annual General Meeting

The activity Riga Sugar Co Ltd last Annual general meeting of members was held on 21 Sep 2021 as per latest MCA records. was completed.
21 Sep 2021
Director Appointment

The activity Richa Ajitsaria was appointed as a Director was appointed as a Director on 29 Jul 2021 & has been associated with this company since 4 years 7 months . was completed.
29 Jul 2021
Balance Sheet

The activity Riga Sugar Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata. was completed.
31 Mar 2021
Director Appointment

The activity Jitendra Kumar Pachisia was appointed as a CFO was appointed as a CFO on 19 Aug 2020 & has been associated with this company since 5 years 6 months . was completed.
19 Aug 2020
Director Appointment

Jitendra Kumar Pachisia was appointed as a CFO was appointed as a CFO on 19 Aug 2020 & has been associated with this company since 5 years 6 months . was recorded as a recent event.
19 Aug 2020

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