3,600.40 -4.10(-0.11%)
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Bannari Amman Group is one of the largest Industrial Conglomerates in South India with a large scope in manufacturing, trading and Service activities. Manufacturing and trading include sugar, alcohol, liquor, granite etc. The service sector operate into wind power energy, education etc. Bannari Amman Sugars Limited (BASL) was incorporated in December 1983. The company was promoted by S.V. Balasubramaniam and K.S. Thirumalaiswamy to manufacture sugar in Southern India. Now, it has scattered its activities in Distillery, Granites, Co-generation of Power, Wind Mills operations. Presently, Company has five sugar factories with aggregate capacity of 23700 MT of sugarcane crushing per day and 129.80 MW of Cogen Power. It has two Distillery units with the aggregate production capacity of 217.50 KLPD besides having Agri Natural Fertilizers, Granite Processing units. The company has seven Wind Mills with a total capacity of 8.75 MW.BASL came out with a public issue in Sep' 1985, to set up a sugar plant in Alathukombai in Tamil Nadu. This plant was commissioned with initial capacity of 1250 tonnes of cane crush per day. It manufactures sugar using the conventional double sulphitation process. The company's success in its first venture, led the company to make a next step towar...