About Shree Renuka Sugars Limited

Shree Renuka Sugars Limited (SRSL) is one of India’s largest integrated sugar and ethanol companies, spanning the value chain from sugarcane crushing and raw sugar refining to ethanol production, co-generation and branded consumer retail. It operates six sugar mills (with co-gen/distillery units at many sites) and two of India’s largest port-based refineries at Kandla (Gujarat) and Haldia (West Bengal), serving domestic and export markets.

Its manufacturing footprint covers Maharashtra, Karnataka and Uttar Pradesh (mills), plus Kandla and Haldia (refineries). Named locations include Munoli, Athani, Havalga, Pathri, Panchaganga, Raibag, Kolavi (subsidiary Gokak Sugars Ltd.), Bulandshahr (subsidiary Anamika Sugar Mills Pvt. Ltd.), and the port refineries at Kandla and Haldia.

SRSL markets packaged sugar under the “Madhur” brand, which leads India’s organised packaged sugar segment and expanded internationally with a launch in Canada in February 2025.

As on March 31, 2025, the Company has five subsidiaries (including four wholly owned). During FY 2024–25, three wholly owned subsidiaries—Monica Trading Pvt. Ltd., Shree Renuka Agri Ventures Ltd. and Shree Renuka Tunaport Pvt. Ltd.—were merged into the Company (effective December 6, 2024). Renuka Commodities DMCC (Dubai) sold its 17.12% stake in Shree Renuka Global Ventures Ltd., causing SRGVL and its step-downs to cease as associates.

Shree Renuka Sugars Limited Business Segments

SRSL reports four operating engines within sugar: Refinery, Milling, Packaged Sugar (Madhur) and Co-generation, plus the Ethanol business integrated with distilleries. Segmental performance indicators disclosed for FY 2024–25 include:

• Refinery business revenue: Rs 7,491.2 crore

• Milling business revenue: Rs 2,577.1 crore

• Packaged sugar revenue: Rs 732.7 crore

• Co-generation revenue: Rs 338.0 crore

• Ethanol production: 159 million litres; 94% premium-grade output; distillation capacity 1,250 KLPD.

Shree Renuka Sugars Limited Key Management

• Atul Chaturvedi — Executive Chairman

• Vijendra Singh — Executive Director & Dy. CEO

• Ravi Gupta — Executive Director

• Kuok Khoon Hong — Non-Executive Director

• Jean Luc Bohbot — Non-Executive Director

• Charles Loo Cheau Leong — Non-Executive Director

• Sunil Ranka — Chief Financial Officer; Deepak Manerikar — Company Secretary

Latest Updates on Shree Renuka Sugars Limited

• Brand & Markets: Madhur launched in Canada (Vancouver & Toronto) in February 2025; pilot Madhur Pure & Natural Jaggery test-marketed across Maharashtra, MP, Telangana and Gujarat.

• Manufacturing Footprint: Anamika Sugar Mill (Uttar Pradesh) ramp-up increased daily crushing capacity and strengthened reach in North & East India.

• Quality & Compliance: FSSC 22000 v6 certification achieved; AIB audit success at Kandla.

• Workplace Recognition: Great Place to Work® certified for the second consecutive year; featured among India’s Best Workplaces in Manufacturing (Large), 2025.

• Corporate Structure: NCLT-approved merger of three wholly owned subsidiaries effective December 6, 2024; SRGVL and its step-downs ceased as associates post stake sale by Renuka Commodities DMCC on November 22, 2024.