K M Sugar Mills Ltd. (KMSML) was originally formed as a partnership firm in 1950, known as Kamlapat Motilal at Kanpur; the founder partners were Singhanias and Jhunjhunwalas and they had set up a small sugar milling plant at Kanpur in the year 1942. The mill experienced acute shortage of cane and consequently the plant was shifted to the present site at village Masodha, P.O Motinagar, Dist. Faizabad between 1949 and 1950.

During the year 1971 the firm was converted into Private Limited Company known as K. M. Sugar Mills (Pvt.) Ltd., and got registered with the Registrar of Companies, Uttar Pradesh, Kanpur. The company became a deemed public company in the year 1974 in terms of provisions 43A of the Companies Act. The company was converted back to a Private Limited Company under section 43A (2A) of the Companies Act. in the year 2002. The company was again converted into a public limited company with effect from April 20, 2005

At the time of the conversion of the firm into a Private Limited Company in 1971, L. K. Jhunjhunwala joined as Managing Director. During the year 1979, Singhanias transferred their stake in the company to Jhunjhunwalas.

The company expanded the sugar cane crushing capacity from 1800 TCD to 2500 TCD in the year 1980 and crushing capacities were increased from 2500 TCD to 3500 TCD in the year 2000 and further to 4500 TCD in the year 2002. The company is now planning to increase its capacity upto 6500 TCD.

The company started a gas division for manufacturing of Industrial Oxygen Gas and Liquid Nitrogen in the year 1988 and the gas division was expanded to manufacture Dissolved Acetylene Gas in the year 2000. The technology of the gas division became obsolete over a period of time and management decided to close down this division in the year 2005.

The distillery division of company was set up in the year 1995 to manufacture Rectified Spirit (45 KLPD) and Extra Neutral Alcohol (20 KLPD). In the year 2003 the division started production of ethanol (30KLPD) and in the year 2004 the Extra Neutral Alcohol plant was modified to produce ethanal and thereby increasing the total ethanol production capacity to 50 KLPD.

The company started production of Bio-Fertilizer using the byproduct of the sugar and distillery division i.e. press mud and spent wash in the year 2000.The company has also received the ISO 9001:2000 certification in 2003 for manufacture of white sugar.

The present management of KMSM is vested with the board of directors comprising Mr. L. K. Jhunjhunwala as the chairman, Mr. Aditya Jhunjhunwala as Managing Director and Mr. Sanjay Jhunjhunwala as Jt. Managing Director and other directors as mentioned under the heading ‘Management’.

P.C. Jhunjhunwala was one of the promoters of the company. He shifted his base in early eighty’s to Mumbai to concentrate on his other business interests. Though he continued to be on the board as Non Executive Director, he did not take active interest in the business of the company due to his other business interests.

Product range of the company includes:

K.M. Sugar Mills Ltd.

Vishwaraj Sugar Industries Ltd.

Ponni Sugars (Erode) Ltd.

Sakthi Sugars Ltd.

Rana Sugars Ltd.

Mawana Sugars Ltd.

K.C.P. Sugar And Industries Corporation Ltd.

Rajshree Sugars & Chemicals Ltd.

Kothari Sugars And Chemicals Ltd.

Simbhaoli Sugars Ltd.

Dharani Sugars & Chemicals Ltd.

Khaitan (India) Ltd.

The Ugar Sugar Works Ltd.

Magadh Sugar & Energy Ltd.

DCM Shriram Industries Ltd.

Open Price	34.05	Volume	10,007
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