About The Ugar Sugar Works Ltd. 
The Ugar Sugar Works Ltd.
Micro Cap
Agricultural Commodities/Milling
Incorporated on September 11, 1939, Ugar Sugar Works Limited (USWL) is one of the leading sugar factories in Karnataka. This Company was promoted by S S Shirgaokar and R V Shirgaokar. The Company is engaged in manufacture and sale of sugar, industrial and potable alcohol, and generation and distribution of electricity. The Company's plants are located at Ugarkhurd in Belagavi District and at Malli-Nagarhalli Village in Kalburgi District in the State of Karnataka.
Company Coordinates 
Company Details
Mahaveer Nagar, Wakhar Bhag Sangli Maharashtra : 416416
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai
Capital Structure 
Present Equity Capital
INR 11.25 Cr
Number of Shares
11.25 Cr
Face Value
INR 1.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
22-Sep-2008
11.25
11.25
22500000
1
Right Issues
22-Sep-2008
11.25
11.25
22500000
1
Right Issues
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 16 FIIs (0.5%)
Promoter with highest holding
S B Reshellers Private Limited (17.5%)
Highest Public shareholder
Universal Cine Trades Pvt Ltd (1.24%)
Individual Investors Holdings
47.43%
Management
Designation
Remuneration
R V Shirgaokar
Chairman Emeritus
0
V Balasubramanian
Independent Director
6.0 lacs
M R Desai
Independent Director
6.3 lacs
D B Shah
Independent Director
5.55 lacs
Prafulla Vinayak Shirgaokar
Director
5.1 lacs
Shishir S Shirgaokar
Chairman (Non-Executive)
5.1 lacs
Niraj S Shirgaokar
Managing Director
3.92 cr
Chandan Sanjeev Shirgaokar
Managing Director
6.47 cr
Rakesh Kapoor
Independent Director
5.85 lacs
Sachin R. Shirgaokar
Director
6.0 lacs
Sohan S Shirgaokar
Director
6.3 lacs
Hari Y Athawale
Independent Director
5.85 lacs
Shilpa Kumar
Director
5.1 lacs
S S Gangavati
Independent Director
5.55 lacs
Suneeta Thakur
Independent Director
4.95 lacs
Tushar V Deshpande
Company Sec. & Compli. Officer
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Sugar
575.47
63.73%
Potable Alcohol
193.61
21.44%
Petroleum Products - Traded
35.73
3.96%
Sugar
Sugar
Potable Alcohol
Potable Alcohol
Petroleum Products - Traded
Petroleum Products - Traded
Revenue and Profits:
Net Sales:
263 Cr
(Quarterly Results - Dec 2024)
Net Profit:
5 Cr
Agricultural Commodities/Milling
7.00
NA