About
Basic Data Updated:
6 days agoSimbhaoli Sugars Limited, previously known as Simbhaoli Spirits Limited, is a renowned manufacturer of sugar. With an impressive aggregate crushing capacity of 20100 TCD, the company is committed to providing high-quality sugar products to its customers. These products include a wide range of options such as white crystal sugar, table sugar, icing sugar, breakfast sugar, sugar cubes (white and brown), demerara sugar, turbinado sugar, muscovado sugar, candy sugar, and even pharmaceutical-grade sugar. All of these products are marketed under the brand name 'Trust', a testament to the company's dedication to delivering reliable and trustworthy products.
Industry
Company Details
- Location
Ghaziabad, Uttar Pradesh, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Simbhaoli Sugars Limited
Pure Sugar
Organic Jaggery Powder
Sugar Cube
Sugar Free Sweetener
Financials of Simbhaoli Sugars Limited
Simbhaoli Sugars Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.2% decrease. The company also saw a substantial fall in profitability, with a 207.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 127.79%.
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Corporate Structure
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People in Simbhaoli Sugars Limited
Unlock and access historical data on people associated with Simbhaoli Sugars, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
Gursimran Mann
Managing DirectorAppointment Date: 18-Sep-2012
Status: Current
DP
Dayal Popli CFOAppointment Date: 09-Nov-2015
Status: Current
SK
Shubham Kandhway Company SecretaryAppointment Date: 26-May-2023
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of India Creation Date: 03 Oct 2017 | ₹223.47 Cr | Open |
Uttar Pradesh Cooperative Bank Limited Creation Date: 21 Jan 2015 | ₹65.00 Cr | Open |
Uttar Pradesh Cooperative Bank Limited Creation Date: 21 Jan 2015 | ₹65.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Simbhaoli Sugars, 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 Simbhaoli Sugars's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Simbhaoli Power Private Limited
Active
12 years 10 months Gurpal Singh, Gurmit Mann and 2 more are mutual person
Integrated Casetech Consultants Private Limited
Active 15 years 5 months Gurpal Singh, Gurmit Mann and 1 more are mutual person
Simbhaoli Speciality Sugars Private Limited
Active 28 years 10 months Sachchida Misra is a mutual person
Pritam Singh Sandhu Associates Private Limited
Active 41 years 1 month Gurpal Singh is a mutual person
Dholadhar Developers Private Limited
Active 16 years 7 months Gurmit Mann and Gursimran Mann are mutual person
Recent activity within the organization
Annual General Meeting
Simbhaoli Sugars Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
28 Sep 2023Balance Sheet
Simbhaoli Sugars Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.
31 Mar 2023Director Appointment
Atul Mahindru was appointed as a Director was appointed as a Director on 28 Nov 2019 & has been associated with this company since 4 years 5 months .
28 Nov 2019Director Appointment
Har Prasad Kain was appointed as a Director was appointed as a Director on 14 Nov 2018 & has been associated with this company since 5 years 5 months .
14 Nov 2018Charges
A charge with Bank Of India amounted to Rs. 223.47 cr with Charge ID 100137656 was registered on 03 Oct 2017.
03 Oct 2017
Recent News, Updates & Announcement
ED attaches Rs 110 crore assets of Simbhaoli Sugar company for loan fraud .The agency claimed bank loans were illegally diverted towards payment of cane dues loan repayments and other operational expenses .
Times Now 03 Jul 2019
- Simbhaoli Sugars independent director Jag Mohan Seth resigns.
Btvi 05 Mar 2018
- ED registers PMLA case against Simbhaoli Sugars conducts raids.
India Business News New Delhi Mar 1 The ED has registered a money laundering case against Simbhaoli Sugars Limited and its executives in connection with an alleged ba.
Times Of India 01 Mar 2018
- Oriental Bank of Commerce Scammed for Over Rs 100 Crore by Simbhaoli Sugars Ltd and Delhi Jeweller PNB Also Falls Victim to MultiCrore Scams ScamAlert BanksBeLike NotAgain.
Oriental Bank of Commerce got scammed for Rs 109 crore by Simbhaoli Sugars Ltd They took a loan for sugarcane farmers but used it for themselves The bank gave them another loan to pay off the first one but that also turned into a scam CBI also caught a Delhi jeweller for scamming the bank for Rs 390 crore PNB also got scammed by Nirav Modi for Rs 523 crore ScamAlert BanksBeLike NotAgain.
The New Indian Express 25 Feb 2018
Frequently asked questions
What is the Incorporation or founding date of Simbhaoli Sugars Limited?
