Edition:
United Kingdom

Shree Renuka Sugars Ltd (SRES.NS)

SRES.NS on National Stock Exchange of India

15.90INR
7:50am BST
Change (% chg)

Rs0.05 (+0.32%)
Prev Close
Rs15.85
Open
Rs15.85
Day's High
Rs15.95
Day's Low
Rs15.85
Volume
645,849
Avg. Vol
3,748,402
52-wk High
Rs22.50
52-wk Low
Rs12.40

Latest Key Developments (Source: Significant Developments)

India's Shree Renuka Sugars Dec Quarter Loss Widens
Monday, 12 Mar 2018 

March 12 (Reuters) - India's Shree Renuka Sugars Ltd ::DEC QUARTER LOSS 22.67 BILLION RUPEES VERSUS LOSS 420 MILLION RUPEES YEAR AGO.DEC QUARTER REVENUE FROM OPERATIONS 17.59 BILLION RUPEES VERSUS 20.64 BILLION RUPEES YEAR AGO.DEC QUARTER EXCEPTIONAL ITEMS OF 24.10 BILLION RUPEES.SHREE RENUKA SUGARS - EXCEPTIONAL ITEM INCLUDES PROVISIONS FOR LOANS GIVEN TO CERTAIN INDIAN, OVERSEAS UNITS; BELIEVES RECOVERIES UNCERTAIN.  Full Article

Shree Renuka Sugars Says Impact Of Debt Restructure, Investment By Wilmar Sugar is 20.87 Bln Rupees
Monday, 12 Mar 2018 

March 12 (Reuters) - Shree Renuka Sugars Ltd ::SAYS IMPACT OF DEBT RESTRUCTURING AND IMPACT OF INVESTMENT BY WILMAR SUGAR HOLDINGS PTE LTD IS 20.87 BILLION RUPEES.  Full Article

India's Shree Renuka Sugars MD Narendra Murkumbi Resigns ‍​
Friday, 9 Mar 2018 

March 9 (Reuters) - Shree Renuka Sugars Ltd ::SAYS MD NARENDRA MURKUMBI RESIGNS ‍​.  Full Article

India's CCI Approves Acquisition Of Additional Stake In Shree Renuka Sugars By Wilmar Sugar
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Competition Commission of India::COMPETITION COMMISSION OF INDIA APPROVES ACQUISITION OF ADDITIONAL EQUITY STAKE IN SHREE RENUKA SUGARS BY WILMAR SUGAR.  Full Article

Shree Renuka Sugars Gets Shareholders' Nod For Re-Appointing Narendra Murkumbi As Vice Chairman, MD
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Shree Renuka Sugars Ltd ::GETS SHAREHOLDERS' NOD FOR RE-APPOINTING NARENDRA MURKUMBI AS VICE CHAIRMAN, MD.GETS SHAREHOLDERS' NOD TO ISSUE 513.2 MILLION SHARES TO LENDERS PURSUANT TO DEBT RESTRUCTURING EXERCISE.GETS SHAREHOLDERS' NOD FOR ISSUE OF 93.6 MILLION SHARES PREFERENCE SHARES TO LENDERS PURSUANT TO DEBT RESTURCTURING.SHREE RENUKA SUGARS - GETS SHAREHOLDERS' NOD TO ISSUE UP TO 45MLN 0.01 PERCENT OPTIONALLY CONVERTIBLE PREFERENCE SHARES TO LENDERS PURSUANT TO DEBT RESTRUCTURING.  Full Article

Shree Renuka Sugars approves modification of terms relating to issuance of securities
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Shree Renuka Sugars Ltd :Approved partial modification of terms relating to issuance of securities as part of debt restructuring exercise‍​.  Full Article

India's Shree Renuka Sugars ‍to consider issuance of securities​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Shree Renuka Sugars Ltd :To consider issuance of equity shares/securities/instruments pursuant to debt restructuring exercise ​.  Full Article

India's Shree Renuka Sugars posts Sept-qtr loss
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Shree Renuka Sugars Ltd ::Sept quarter loss 1.61 billion rupees versus profit of 29 million rupees last year.Sept quarter revenue from operations 13.65 billion rupees versus 20.46 billion rupees last year.Says sept-quarter exceptional item of 232 million rupees‍​.  Full Article

Shree Renuka Sugars board approves terms of proposed debt restructuring package
Friday, 28 Jul 2017 

July 28 (Reuters) - Shree Renuka Sugars Ltd :Says board approverd terms of proposed debt restructuring package to be submitted to joint lenders forum.  Full Article

Wilmar proposes to make additional investment in Shree Renuka Sugars
Thursday, 27 Jul 2017 

July 28 (Reuters) - Wilmar International Ltd:entered into a subscription agreement with Narendra Murkumbi and his affiliates and srsl to facilitate an additional investment.deal to facilitate an additional investment of inr7,839.6 million.WSH intends to subscribe for 481.8 million ccps at an issue price of rs16.27 per share.funding for infusion will be from internal sources and bank borrowings.WSH intends to subscribe for 481.8 million ccps, at an issue price of rs16.27 per share.would be required to provide a guarantee in amount of inr27,130.01 million in favour of lenders participating in restructuring.  Full Article

Indian cane arrears could hit $3.8 bln as prices tank -industry

MUMBAI, April 17 Cane arrears in India could leap to a record 250 billion rupees ($3.8 billion) in 2017-18 as a drop in sugar prices to their lowest level in 28 months made it difficult for mills to pay farmers mandatory cane prices, industry officials told Reuters.

No consensus analysis data available.