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