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Shree Renuka Sugars Ltd (SRES.NS)

SRES.NS on National Stock Exchange of India

8.90INR
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Rs0.20 (+2.30%)
Prev Close
Rs8.70
Open
Rs8.70
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Rs9.05
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Rs8.70
Volume
291,268
Avg. Vol
657,545
52-wk High
Rs18.35
52-wk Low
Rs8.60

Latest Key Developments (Source: Significant Developments)

Shree Renuka Sugars Says SEBI Approved Relaxation On Conversion Of OCPS Allotted By Co On March 9
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Shree Renuka Sugars Ltd ::SEBI APPROVED RELAXATION FROM STRICT ENFORCEMENT OF REGULATION ON CONVERSION OF 0.01% OCPS ALLOTTED BY CO ON MARCH 9.OCPS WILL NOW BE CONVERTIBLE INTO EQUITY SHARES ON COMPLETION OF 144 MONTHS FROM DATE OF ALLOTMENT.  Full Article

Shree Renuka Sugars Says A Production Unit At Brazilian Subsidiary To Be Sold In Auction
Monday, 9 Jul 2018 

July 9 (Reuters) - Shree Renuka Sugars Ltd ::SAYS CREDITORS OF OVERSEAS UNIT RENUKA VALE DO IVAI APPROVED A NEW RECOVERY PLAN ON JULY 4.AS PER PLAN, ONE PRODUCTION UNIT TO BE SOLD BY AUCTION AFTER 60 DAYS OF APPROVAL OF PLAN BY COURT.  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

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Exclusive: India to keep sugar export subsidies even as rivals complain - sources

MUMBAI India will keep its sugar export subsidies despite complaints to the World Trade Organization (WTO) from rival producers Brazil and Australia, though it will tweak how it provides them, four sources directly involved in the matter said.

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