About Sri Sai Basava Sugars Limited
Data last updated: 07 January 2026
Sri Sai Basava Sugars Limited is a public limited company based in Sindgi, Karnataka, India. It specialises in sugar processing, a part of the broader agriculture sector. Incorporated on 26 July 1995, the company has been in operation for over 31 years.
Registered with ROC Bangalore under CIN U28259KA1995PLC048389.
Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹33.49 Cr. Formerly known as Manali Sugars Limited. It is led by directors including Jawahar Vasantrao Hunagund and Suresh Basangouda Patil.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Sindgi, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.03 Cr, a decline of 28% compared to the previous year.
The company has a workforce of approximately 196 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹145 Cr and satisfied charges of ₹290.49 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manalisugars.com.
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Registered AddressAt Post Malaghan, Taluk Almel, Sindgi, Karnataka, India – 586128
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IndustryAgriculture, Sugar Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Sri Sai Basava Sugars Limited
Sri Sai Basava Sugars Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28259KA1995PLC048389, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28259KA1995PLC048389 | Current |
| U01542KA1995PLC048389 | Previous |
| U01542TZ1995PLC006369 | Previous |
Business Activity of Sri Sai Basava Sugars Limited
Sri Sai Basava Sugars Limited is engaged in principal business activities including manufacturing and electricity, gas, steam and air conditioning supply, with detailed activities including manufacture of food products, electricity, gas, steam and air conditioning supply. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products | Locked |
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply | Locked |
Business activity turnover details for Sri Sai Basava Sugars Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Sri Sai Basava Sugars Limited
Sri Sai Basava Sugars Limited is audited by VHAVLE & CO. 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 |
|---|---|---|---|
| VHAVLE & CO. | Locked | Locked | Locked |
Complete auditor history for Sri Sai Basava Sugars Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors and KMP of Sri Sai Basava Sugars Limited
Sri Sai Basava Sugars Limited currently reports 4 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Jawahar Vasantrao Hunagund
Also directs:
Sri Sai Basava Sugars Limited
|
Managing Director | 01 Dec 2023 | 2 Years 8 Months | Current |
| Kanchi Srinivas | Company Secretary | 30 Jul 2024 | 2 Years 0 Months | Current |
| Suresh Basangouda Patil | Director | 01 Jul 2023 | 3 Years 1 Months | Current |
| Krishtappa Dundappa Udapudi | Director | 01 Jul 2023 | 3 Years 1 Months | Current |
|
Krishnamurthy Seshatri Iyagriv
Also directs:
Sri Sai Basava Sugars Limited
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Director | 22 Jul 2023 | 3 Years 1 Months | Current |
Financials of Sri Sai Basava Sugars Limited FY 2025 filings available
Sri Sai Basava Sugars Limited reported revenue of ₹96.03 Cr (down 28.00% YoY) for FY 2025.
Ten-year financial statements for Sri Sai Basava Sugars Limited
Historical statement values and trend charts require an active report plan.
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- Balance sheets
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Ownership and Shareholding of Sri Sai Basava Sugars Limited
Shareholding and ownership data for Sri Sai Basava Sugars Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Charges & Borrowings of Sri Sai Basava Sugars Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2025 | Others | ₹20 Cr | Open |
| 03 Jun 2025 | Others | ₹25 Cr | Open |
| 08 May 2025 | Others | ₹100 Cr | Open |
| 29 Nov 2023 | Others | ₹49 Cr | Satisfied |
| 31 Mar 2018 | Others | ₹43.39 Cr | Satisfied |
Total charge records: 12 View all charges
Employees and EPFO Compliance at Sri Sai Basava Sugars Limited
Sri Sai Basava Sugars Limited has a workforce of 196 employees as of Apr 08, 2024.
Employee and EPFO history for Sri Sai Basava Sugars Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
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GST Compliance of Sri Sai Basava Sugars Limited
GST registrations and filing compliance for Sri Sai Basava Sugars Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Sri Sai Basava Sugars Limited
Credit ratings, litigation, and regulatory alerts for Sri Sai Basava Sugars Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Sri Sai Basava Sugars Limited
MSME payment history for Sri Sai Basava Sugars Limited
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- Delay periods and reasons
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Subsidiaries & Group Companies of Sri Sai Basava Sugars Limited
Corporate group structure for Sri Sai Basava Sugars Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Sri Sai Basava Sugars Limited
MCA filings and documents for Sri Sai Basava Sugars Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Sri Sai Basava Sugars Limited
Frequently Asked Questions about Sri Sai Basava Sugars Limited
Sri Sai Basava Sugars Limited is an active public limited company in the agriculture sector based in Sindgi, Karnataka, India. It was incorporated on 26 July 1995 (31+ years old) and is registered under CIN U28259KA1995PLC048389. The company has 196 employees.
Sri Sai Basava Sugars Limited reported revenue of ₹96.03 Cr for FY 2025 (down 28.00% YoY).
The current directors and KMP of Sri Sai Basava Sugars Limited are:
- Jawahar Vasantrao Hunagund - Managing Director
- Kanchi Srinivas - Company Secretary
- Suresh Basangouda Patil - Director
- Krishtappa Dundappa Udapudi - Director
- Krishnamurthy Seshatri Iyagriv - Director
The primary industry of Sri Sai Basava Sugars Limited is agriculture. The company specifically operates in sugar processing. The company is currently active in this sector.
Sri Sai Basava Sugars Limited can be reached at the registered office: At Post Malaghan, Taluk Almel, Sindgi, Karnataka, India – 586128, or through the website manalisugars.com.
The authorised capital is ₹40 Cr, and the paid-up capital is ₹33.49 Cr.