public company bse 532670nse renuka industry sugar founded 1998 1 founder narendra murkumbi & vidya murkumbi 1 headquarters belgaum karnataka india area served belgaum key people narendra murkumbi md 2 revenue 100 876.0 million us 1.5 billion 3 profit 10 087.0 million us 150 million 3 owner narendra murkumbi website official website shree renuka sugars is india s largest sugar refiner and ethanol producer based in mumbai maharashtra 4 with refining capacity of 4000 tonnes day 5 and distillery capacity of 600 kilolitre day . 6 it has 21 % market share in india s fuel ethanol market and has an aggressive growth plan of increasing its ethanol production capacity to 900 kilolitre day by dec 2009 . 7 it also accounts for 20 % of india s international sugar trade . acquisitions edit on 24 february 2010 shree renuka sugars srsl had signed a deal with grupo equipav for an investment of brl600m leading to a majority controlling equity stake in equipav a car e lcool equipav a sugar ethanol company in brazil.the deal is subject to approval of an acceptable debt restructuring package by the lenders to the company and certain other conditions customary to such transactions . closing is expected in 40 days . 8 shree renuka sugars creates one of the largest sugar ethanol groups in brazil with equipav deal . 9 indian credit rating agency icra has maintained the long term rating of icra a on the company . 10 renuka sugars also owns a team in ksca s belgaum premier league t20 . the name of the team is renuka royals . references edit a b companyoverview . renuka sugars . retrieved 5 october 2010 . narendra murkumbi . see sugar output at 25 mt in 10 11 season shree renuka cnbc tv18 . moneycontrol.com . retrieved 5 october 2010 . a b bse plus pdf . bseindia.com . retrieved 5 october 2010 . contact us . renuka sugars . retrieved 5 october 2010 . domainb.com hindustan petroleum shree renuka sugars to jointly set up integrated sugar ethanol plant annual report 07 08 page 9 annual report 07 08 page 3 shree renuka to acquire majority stake in brazilian sugar firm . 24 february 2010 . retrieved 25 february 2010 . shree renuka sugars creates one of the largest sugar ethanol groups in brazil with equipav deal pdf . renukasugars . 24 february 2010 . retrieved 25 february 2010 . icra has reaffirmed the long term rating of icra a pronounced icra a plus and short term rating of icra a1 pronounced icra a one plus assigned to the term loans fund based facilities and non fund based facilities aggregating to rs . 6731.00 crore of shree renuka sugars limited pdf . renukasugars . 28 september 2011 . retrieved 18 november 2011 . retrieved from https en.wikipedia.org w index.php title shree renuka sugars & oldid 735785383 categories chemical companies of indiasugar companies of indiacompanies based in mumbaicompanies established in 1998companies listed on the national stock exchange of india1998 establishments in indiahidden categories engvarb from september 2013use dmy dates from september 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 23 august 2016 at 02 45 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view