YEAR |
MILESTONES ACHIEVED |
1995 |
Incorporation of the company |
1997 |
Letter of Intent issued by GOI to set up a sugar factory at Bellad Bagewadi |
1999 |
Certificate of commencement of business obtained from ROC Bangalore |
|
Allotment of sugarcane command area for the proposed sugar factory by Govt. of Karnataka |
|
Grant of distillery license by GOK |
2000 |
Consent to establish sugar factory, distillery and co-generation power plant obtained from Karnataka State Pollution Control Board |
|
Land award of 132 acres 34 gunthas done by GOK for the purpose of setting up of sugar factory |
2001 |
Possession of land given by Revenue department |
|
Commercial operations of distillery unit commenced |
2006 |
Commercial operations of the sugar unit and co-generation unit commenced |
|
Power flow under ‘Open Access Arrangement’ commenced |
2008 |
Commercial operations of IML unit of distillery commenced |
2009 |
Commercial operations of enhanced capacity of sugar unit and 2nd unit of co-generation power plant commenced |
|
Manufacturing of IML brands of the company commenced at Yelahanka, Bangalore |
2010 |
Incorporation of 4 additional main objects in the Memorandum of Association to undertake the business of steel making and in due course mining of ores |
|
Change in name of the company proposed and effected by ROC, Bangalore |
|
MOU executed with GOK for setting up Integrated Steel Plant at Bellad Bagewadi |