The Ugar Sugar Works Limited (UGARSUGAR.NS)

79.60 +0.55 (+0.70%) At close: 03:30PM IST

The Ugar Sugar Works Limited

Ugarkhurd
Belgaum 591316
India
91 83 3927 4000
https://www.ugarsugar.com

Sector(s): Consumer Defensive
Industry: Confectioners
Full Time Employees: 799

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Niraj Shishir Shirgaokar B.E.	MD & Director	39.18M	N/A	1972
Mr. Chandan Sanjeev Shirgaokar	MD & Director	64.71M	N/A	1977
Mr. Shrikanta V. Bhat	CFO & Manager of Finance	N/A	N/A	N/A
Mr. Balkrishna G. Kulkarni	Compliance Officer	2.87M	N/A	1956
Mr. Tushar V. Deshpande	Company Secretary	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

The Ugar Sugar Works Limited manufactures and sells sugar, and industrial and potable alcohol primarily in India. The company offers white crystal sugar and its byproducts, including bagasse, filter cake, and final molasses. It also provides various distillery products, such as IML products under the Old Castle Premium Whisky, U.S. Whisky, U.S. Brandy, U.S. Gin, Ugar XXX Rum, Gokak Falls Whisky, Milan Whisky, Hawk Gin, and Gagarin Vodka brands; ethanol; rectified spirit; malt spirit; and extra neutral alcohol. In addition, the company offers distillery byproducts comprising fermentation sludge, which is used in poultry feeds; fusel oil that is used in amyl alcohols/perfumes; and carbon dioxide for industrial purpose, as well as low grade potash, which is used in crops primarily sugarcane crop. Further, it provides confectionery products; warehousing facilities; and generates and distributes electricity. The company also exports its products. The Ugar Sugar Works Limited was incorporated in 1939 and is based in Belgaum, India.

Corporate Governance

The Ugar Sugar Works Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.