Eastern Sugar & Industries Share Price

EASTERN SUGAR AND INDUSTRIES LIMITED Unlisted Shares - Company Overview

Eastern Sugar & Industries Ltd (ESIL), a Public Limited Company headquartered in Motihari, East Champaran, Bihar, has a rich history dating back to its establishment in 1964 under the name Eastern Polymers Corporation Ltd. It later rebranded to its current name. ESIL is registered with the Registrar of Companies, Bihar.Owned by the esteemed Nopany Group, led by Mr. B.K. Nopany, a seasoned professional with over 50 years of diverse experience in sectors spanning sugar, real estate development, investments, and education. Mr. Nopany, aged 74, serves as the driving force behind the company's growth. He also holds the position of Chairman at a prominent academic institution in Calcutta.The company is overseen by a proficient Board of Directors supported by a team of adept professionals, managing day-to-day operations. The Board boasts a balanced composition, with more than half comprising non-executive Directors, bringing vast expertise from business, industry, and finance sectors.ESIL presently has a paid-up capital of Rs. 33.90 Crores and its Equity Shares are listed on both The Bombay Stock Exchange and National Stock Exchange.Currently, the company primarily engages in trading essential Stores Items required by Sugar Mills and has recently begun deriving revenue from Block Usage Charges paid by Shree Hanuman Sugar & Industries Ltd (SHSIL) for the use of ESIL's plant & machinery.

ESIL intends to pivot its business focus, discontinuing trading activities to pivot towards construction and the sale of residential properties. This strategic shift aligns with Mr. B.K. Nopany's extensive expertise in real estate development. The funding for these proposed construction activities will be sourced entirely from internal resources or customer advances.This shift signifies their determination to evolve and capitalize on new avenues, leveraging their strengths and leadership to steer the company towards a successful venture in the real estate domain.

EASTERN SUGAR AND INDUSTRIES LIMITED Share Price, Share Details as of March 31, 2024

EASTERN SUGAR AND INDUSTRIES LIMITED Share Incorporation Details

EASTERN SUGAR AND INDUSTRIES LIMITED Share Board of Directors