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Company Profile

Ponni Sugars (Erode) Ltd is an offspring of Ponni Sugars and Chemicals Ltd (PSCL) under a Demerger Scheme sanctioned by the Hon’ble High Court of Madras on 10th September 2001. In terms of the Scheme, the company took over the business of Erode Undertaking with concurrent transfer of major part of stakeholders’ interest in PSCL to the company.


The Erode sugar mill was set up with 1250 TCD capacity in 1984 in a record time of 12 months. It achieved full capacity crushing during the very first year of its commercial operation that enabled declaration of a maiden dividend of 10% in that very first year, a record in the annals of sugar industry. It was a trendsetter in mobilising surplus cane during its infancy stage from neighbouring sugar mills and extending crushing season to well above industry average. Its capacity was expanded to 2500 TCD in 1994.

The Erode sugar mill has successfully implemented an innovative Lift Irrigation Scheme by bringing in dry lands under cane cultivation, utilizing the effluent discharge of the neighbouring paper mill. This has helped secure multitudinal benefits – providing a dependable and perennial source of irrigation to farmers in the neighbourhood, increase of land value manifold in the region, transforming the livelihood of local rural population, resolving the raw material needs of sugar and paper mills and addressing ecological concerns in effluent dischar

Right at its inception, Ponni was structured on the concept of total diversion of bagasse for paper. Accordingly it installed a coal fired boiler and later added a multi fuel boiler in place of conventional bagasse fired boilers. It has a bagasse tie up arrangement with Seshasayee Paper and Boards Ltd for a mutually beneficial and rewarding long term relationship.

Ponni is an efficient and quality producer of sugar, catering to both domestic and international markets. It is a venerable partner for villagers growing sugarcane in its neighbourhood. It enjoys cordial relationship with employees. It firmly believes in transparent and fair dealings with all its stakeholders by following sound corporate governance norms both in letter and spirit.

  
Date Chart


26-12-1996

Company incorporated under the name  SPB Sugars and Chemicals Limited
25-01-2000
Name of the company changed to Ponni Sugars (Erode) Limited
10-09-2001
Demerger Scheme for the transfer of Erode Undertaking of Ponni Sugars and Chemicals Ltd established in 1984 to the company effective 01.04.1999. Sanctioned by High Court of Madras.
18-10-2001
Completion date of Demerger Scheme which comes into effect from 01.04.1999.


  Factory Factsheet

Year of Establishment : 1984
Initial Capacity (TCD) : 1250
Present Capacity (TCD) : 2500
Factory Area (acres) : 33.51
Colony Area (acres) : 9.10
No of Employees
Regular   - 233   
Seasonal - 138
: 371
No. of Employee Quarters : 145
No. of Cultivators : 7475
Annual Cane Area under
Registration (acres)
: 21300


Quality and Environmental Policy

ISO 9001:2000 for quality Management System Standard and ISO 14001:2004 Environmental Management System Standard as certified by Det Norske Veritas The Netherlands. The company commits itself to:

To manufacture Quality Sugar in a clean,green and safe environment and strive to enhance customer satisfaction.
To continually improve our Quality and Environmental performance by process improvements and effective utilization of available resources.
To Comply with relevant legislations.
To minimise air emissions, effluents and solid waste to the extent possible.
To monitor and review our Quality and Environmental Management Systems to meet stated objectives and targets.
To train and motivate employees for active participation in achieving the above.
To make this policy known to all interested parties.