About SRSL
Shree Renuka Sugars Ltd (SRSL) has emerged as one of the largest sugar manufacturers in the world and one of the largest refiners globally, besides being India’s leading sugar producer. The SRSL action was driven by a strong conviction and strategic acquisitions that converged diverse cultures and operations. Expansion strategies that set into motion, economies of scale. A combination of the above, has resulted in consolidation of resources and synergies to sustain and secure global leadership.
 
Shree Renuka Sugars Ltd is a transnational agribusiness & bio-energy corporation. Shree Renuka Sugars Ltd has a compelling vision to emerge as the most efficient sugar processor and the largest marketer of sugar and ethanol in
India, to consolidate a large renewable business and to drive an innovative business model. The Company was founded by Mr. Narendra Murkumbi and his mother Mrs.Vidya Murkumbi in 1998, not just dreamers but doers in their own right. The Company has emerged among the most exciting proxies of a conventional Indian industry. The Company has been one of the largest and fastest growing sugar companies in India and now has expanded its global footprint with an entry in Brazil through acquisitions. The Company is currently the 5th sugar producer in the world, leading manufacturer of sugar in India- the world’s largest sugar market and one of the largest refiners globally. It operates 7 sugar mills in India with a total crushing capacity of 35,000 tons crushed per day and two large port based sugar refineries with capacity 1.7 million tons per annum. It has significant presence in South Brazil, the most cost-efficient and scalable production area with a total cane crushing capacity of 14 million tons at its 4 mills. Shree Renuka Sugars Ltd has its corporate office in Mumbai (India) and headquarters in Belgaum in the State of Karnataka(India).
 
Significant Milestones of SRSL:
 
1.
Establishment & Commissioning of 3000 TPD stand alone Port based Sugar Reginery at Kandla ( Gujarat)
2011
 
2.
Establishment of Co- generation Power plant at Ajinkyatara SSK Satara. On BOOT basis.
2011
 
3.
Acquisition of Vale do Ivai S/A Acurar E Alcool, A Barzilian Sugar & Ethanol production company (now renamed as Renuka do Brasil S/A)
2010
 
4.
Acquisition of Equipav S.S. Acurar E Alcool (“Equipav AA”) in Sao Paulo state in South East Barazil
2010
 
5.
Establishment of Shree Renuka Institute for Rural Development & Research, an NGO with CSR objectives
2010
 
6.
Commissioning of a cogeneration plant in Panchganga Cooperative Sugar Mill
2009
 
7.
Commissioning of 2,000 TPD port-based refinery at Haldia
2008
 
8.
Leasing of 3rd Co-operative Sugar Factory at Raibag
2008
 
9.
Acquisition of Ratnaprabha Sugars Ltd at Pathatri ( Maharashtra )
2008
 
10.
Acquisition of Gokak Sugars Ltd., Kolavi Tq. Gokak, Karnataka
2008
 
11.
Acquisition of Ethanol plant in Khopali, Dist. Raigad, Maharashtra
2008
 
12.
Acquisition of KBK Chem Engineering Pvt. Ltd., Pune
2007
 
13.
Acquisition of sugar mill in Sindhkheda and relocated to Havalga
2006
 
14.
Acquisition of Integrated greenfield Sugar Complex at Athani(Karnataka)
2005
 
15.
SRSL IPO launched
2005
 
16.
Establishment of Shree Renuka Sugars development Foundation
2005
 
17.
Leasing of 2nd Co-operative Sugar Mill at Arag
2005
 
18.
Leasing of first cooperative Sugar Mill at Azara
2003
 
19.
Start of 60 KLPD distillery at Munoli
2001
 
20.
Establishment of 250 TPD sugar refinery at Munoli
2000
 
21.
Commencement of 11.2 MW cogeneration plant at Munoli
2000
 
22.
Commencement of Sugar production at Munoli
1999
 
23.
Acquisition of the assets of Nizam Sugars Ltd., & relocated at Munoli.
1998
 
 
Giving back to the society has been our constant endeavour, as we grow and evolve as a corporate magnate. We take pride in being an organization with a strong social conscience. We are closely linked to the communities we operate in, and our commitment to bring in a positive change and improving livelihoods, is a sustained effort and responsibility. By establishing Shree Renuka Sugars Development Foundation (SRSDF), we shall continue to foster new associations, activities and projects with firm foundation and causes in pursuits of sustainability