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History of Naraingarh Sugar Mills Ltd.

Naraingarh Sugar mills limited [NSMLs] was incorporated as a Public limited Comp. on 1st Aug, 1991 under the Companies Act, 1956. The certificate for Commencement of Business was obtained by Comp. on 15th January 1992.

Registered Office of Comp. was shifted from NOT of Delhi to the State of Haryana vide CLIB orders dated 30.9.94. NSML has been promoted by S/Shri Shashi Bhushan Mahen, Baldev Singh Kang, Romesh Chand Sud, Inder Kumar, Avninder Thakur, Surjit Singh Kang, Vijay Mahen, United Vanaspati Ltd., Haryana State Industrial Development Corporation Ltd [HSIDCs] & Haryana Agro Industries Corporation Ltd [HAICs] in the assisted sector. The Comp. is setting up a plant for manufacture of white crystal sugar alongwith facilities for cogeneration of power.

The original Letter Of Intent was issued in favour of promoter company, United Vanaspati Limited on February 13, 1991 & was subsequently converted in the name of NSML on August 6, 1992. The Ministry of Industry vide their letter dated 25th September, 1995, has granted a licence No. CIL.64[95s], against the letter of intent LI: 112[91s] dated 13.2.91. The Industrial Licence will be valid for a period of 2 years within which commercial production is to be established.