YEAR EVENTS 1933 - The Company was incorporated on 22nd May at Luknow. 1984 - Working of the straw board and the paper units suffered due to power contraints. - 12,299 Preference shares and 15,587 equity shares allotteed till date. Out of these, 12,0497 shares issued as bonus shares. 1986 - The working of the unit was satisfactory. The licensed and installed capacity of the unit was increased from 4,000 tonnes per day to 5,000 tonnes per day during the year. - The working of the paper and the straw board units continued to be affected due to power problems. The workers of these units were laid off from 21st July to 15th December 1986 inorder to undertake certain modifications in the plant and machinery and to instal a large capacity of bagassee fired boiler. - The plant and machinery of the sugar mills unit at Dhampur were revalued as on 31st December. The net surplus Rs 995.46 lakhs arising out of this was credited to capital reserves. 1987 - Sir Shadi Lal Sugar & General Mills, having a capacity of 1,800 tonnes per day was taken over by the Company on lease for a period of 5 years with effect from 1st July. - Working of the straw board unit showed improvement with installation of a bigger capacity in June 1987. However, working of the Pragati papers units was adversely affected due to stiff competition. 1988 - In (15 months), the straw board unit increased production by about 63% over the previous year when compared on an annualised basis. However, working of the Pragati paper unit was unsatisfactory owing to uneconomic size and stiff competition. - Equity shares sub-divided. All pref. shares redeemed by issuing 1,22,990 equity shares of Rs 10 each in lieu in January 1989. 3,21,140 equity shares issued at par of which 1,21,140 shares allotted to an associate company and 2,00,000 shares issued to the public. 1989 - The Company acquired on 10th February, a new unit with a capacity to manufacture 30 tonnes per day of bleached and unbleached varieties of paper. The new unit situated at Sikandarabad was acquired from Ansal Properties and Industries Ltd., and Ansal Fibres and Papers Ltd. - A new project for the manufacture of acetic acid and acetic anhydride was being set up at Dhampur. - 6,00,000 Bonus shares issued in proportion 1:1 in March 1990. 1990 - The Company undertook to set up a new sugar plant of 2500 TCD capacity at Rauzagaon in the Barabanki district of U.P. - The Company undertook to modernise its existing sugar factory at Dhampur at a total cost of Rs 872 lakhs. - The Company's modernisation programme involving installation of balancing equipoment neared completion. 1991 - In (18 months), production and efficiency had been further improved and the working results were better in terms of production, capacity utilisation and sales. During the year, the acetic acid plant commenced production. - The manufacture of acetic acid and acetic anhydride project at an estimated cost of Rs 12.90 crores was commissioned in March. The production was disrupted due to non stabilisation of the plant. The plans has since then been stablished and production of acetic acid has commenced. However, Encilium proceess of fermentation of molasses had since then been stabilised and and a few balancing eqiupments installed to increase productivity. The acetic acid plant commenced production but the acetic anhydrice plant could not be commissioned. During the year the Company entered into an agreement with NCL according to which, the Company will be rewarded by consultancy fees, if the same process is utilised by any other unit with the assistance of NCL. - The Company undertook to set up a project to manufacturing Praticle Board at Aghwanpur in the Moradabad district of U.P., in technical collaboration with Compak System, U. K. The project is to utilise bagasse, the Company's by-product. - The Company proposed to undertake the following: (i) Expansion of Rauza plant from 2,500 to 5,000 TCD. (ii) Doubling the capacity of the Chemical plant. (iii) To increase the capacity of paper mill to 60 TPD. (iv) Expansion of Kashipur crushing capacity to 4,000 TCD. - 12,00,000 Bonus equity shares issued in prop. 1:1, 20,44,400 equity shares allotted (Prem. Rs 80 per share in conversion of debs. 1992 - The Company made a public issue of 4,08,875-14% secured fully convertible debentures of Rs 180 each during January, of which 44,425 debentures were issued on preferential allotment basis to employee (including Indian working directors)/workers of the Company. Unsubscribed portion, if any, from employees' quota was to be added to public issue. 1993 - The recovery of sugar and availability of cane was better compared to previous year. The Dhampur unit acquired the distinction being the first sugar unit in private sector to generate surplus power through co-generation and supply of the same to the state grid. - The performance of the paper unit improved compared to previous year and all efforts were made to improve the working of the division. The capacity utilisation was low during the year due to frequent power cuts. The new unit for particle board started commercial production. To increase the capacity utilisation and removal of some of the initial problem, necessary modifications were carried out. - Production at the chemical plant improved and a range of chemical were added. But for shortage of molasses overall production would have improved still further. - The plant and machinery at the Smoli Unit were erected and trial production was expected to commence from October 1995 onwards. The integrated sugar complex has been set up with 2500 TCD capacity and is expandable upto 5000 TCD. - The Dhampur unit was further modernised to increase the capacity to 10,000 TCD while that of Ravzagaon unit to 5000 TCD from 2500 TCD. In addition, alcohol capacity was also to be increased from 70 KLD to 100 KLD with commensurate increase in the quantity of different chemicals. It was proposed to set up a 6000 TPA capacity oxatic acid plant. - Steps were taken to instal a suitable power plant at one of the sugar factories of the Company to generate 25 mw of power cogenerating process and supply around 15 MW in season and 25MW of power during off season. In addition a MOU was signed with U.P. Government to set up 60 MW Naptha based power project in the State. - The Company offered deep discount bonds (15%) with detachable warrants on Rights basis in the proportion 1 bond : 5 equity shares held. - 22,22,200 Bonus equity shares issued propn. 1:2. Another 12,00,000 Equity shares allotted on excerise of warrants. 1994 - Sugar production recorded the highest at 146.43 Lac Tonnes resulting in heavy carry over stocks with sugar prices coupled with unrestricted duty free imports resulting in depressed sugar prices. 1995 - Performance of the company was satisfactory despite unfavourable whather conditions. Exports stood at 14,007 M.T. during the year. - 34,93,594 equity shares allotted on 1st conversion of warrants. Another 2,09,774 equity shares allotted on first conversions of CPNs. 1996 - The overall production of sugar declined by 7% due to high inventory cost, low realisation of sugar prices and low average recovery as a result of enhanced crushing days. - Co-generation of power was commissioned at Dhampur and Asmoli. - 3,25,000 equity shares forfeited. 1997 - The Oxalic acid plant was commissioned during the month of June. 2001 - The Company has launched sulphurless sugar under the brand, Dhampure. 2002 -Dhampur Sugar Mills Ltd has informed that the Board of Directors on March 25, 2002 have allotted ten million equity shares on a preferential basis to Body Corporate / Individuals / NRI / OCB. -The issue of 80,98,663 equity shares of Rs.10/- each for cash at par aggregating to Rs.809.87 lacs on Right basis to the existing equity shareholders of M/s. The Dhampur Sugar Mills Ltd in the ratio of four equity shares for every thirteen equity shares (4:13) held. The Rights Issue has closed on December 09, 2003. 2003 -1. The matter of allotment of 80,98,663 equity shares on rights basis was deferred. 2. Mr. D Ramarao, IFCI Nominee Director ceased to be a Director of the Company consequent to the withdrawal of the nomination by IFCI. 2005 -Dhampur Sugar enters into agreement with Balrampur Chini Mills 2008 - Dhampur Sugar Mills Ltd has appointed Mr. B B Tandon as additional Director with effect from January 28, 2008. -Dhampur Sugar Mills Ltd has informed that the name of the Company has been changed from "The Dhampur Sugar Mills Ltd" to "Dhampur Sugar Mills Ltd" w.e.f. May 28, 2008 as per the new certificate of incorporation issued by Registrar of Companies, Uttar Pradesh and Uttaranchal. 2009 -Dhampur Sugar Mills recommended Dividend @ 15% on Equity Shares 2010 -Dhampur Sugar Mills Limited has acquired Dhampur Sugar Distillery Private Limited. DSDPL has become the wholly owned subsidiary company. 2011 -Mr. R. K. Chaujar hads been appointed as nominee director on behalf of Punjab National Bank. 2012 -Dhampur Sugar Mills recommended Dividend @ 12.50% on Equity Shares (Rs. 1.25 per share of Rs. 10 Each) 2013 -Dhampur international Pte Limited and Dhampur Global Pte Limited have become subsidiaries of Dhampur Sugar Mills Ltd. --Recommended revised dividend on 6% 413940 Cumulative Redeemable Preference Shares. 2014 -Board of Directors of the Company has considered and approved Appointment of Ms. Nandita Chaturvedi as lndependent Woman Director of the Company. 2016 -Dhampur Sugar Mills has acquired 51 per cent stake in DETS. -Dhampur Sugar Mills has promoted and incorporated a Wholly Owned Subsidiary in the name of EHAAT Ltd. with the objective of "Rural Distribution Business of Consumer Products, particularly in Rural Areas". 2020 -Company has started Production of 'Hand Sanitizers' at its unit at Dhampur.