1990 - The Company was incorporated as a public limited Company on 12th December, and the Certificate of Commencement of business was obtained on 18th December. It was originally promoted jointly by Punjab Aro Industries Corporation (PAIC) and Mukerian Papers Ltd. Subsequently Mukerian Papers Ltd. its nominee Companies including Malwa Cotton Spinning Mills Ltd,. and Punjab Woolcombers Ltd. took over the Control of the Company. 1992 - The Company had set up a plant for the manufacture of white crystal sugar with an installed capacity of 2500 TCD, expandable upto 3500 TCD at Punjab. The plant had also certain additional facilities like co-generation of power to the extent of 6.6 M.W. Commercial production was commenced from 1st November. 1993 - Sales amounted to Rs 37.40 crores. The production of sugar was 22,282 tonnes at an average recovery of 8.89%. - During August/September the Company offered 45,00,000 zero-interest secured partly convertible debentures (PCDs) of Rs. 40 each for cash at par along with detachable and separately tradable warrants. Of which 6,60,000 PCDs were offered to Promoters, Directors, their friends and relatives (All were taken up). 3,84,000 PCDs were offered to Mutual Funds (None were taken up. Added to public Issue). 1,92,000 PCDs were offered to employees (All were taken up) 10,89,000 PCDs were offered to NRIs (All were taken up) 21,75,000 PCDs were offered to public (All were taken up including unsubscribed PCDs of Mutual Funds). - Part "A" of Rs 10 of each PCD would be compulsorily and automatically converted into one equity share of Rs 10 each at par on the date of allotment. Part "B" of Rs 30 was to be redeemed at par at the end of 25 months from the date of allotment which also carry a detachable and separately tradeable warrent which would provide an option to the warrent holder to get an equity shares for every warrant held at a price not exceeding Rs 30 per equity share during the 10th month from allotment. - 63,70,007 No of Shares Existing capital held by promoters. 1994 - Sales decreased to Rs 29.56 crores due to low capacity utilisation on account of less availability of sugarcane and market depression due to large scale import of sugar. Production during the year amounted to 23,640 tonnes at an average recovery of 8.96%. - The Company proposed to increase the sugar plant capacity to 3,500 TCD by modification in the existing plant and was also planning for forward integration by setting up a plant for manufacturing of Ethyl Alcohol from Molasses. 1994 - 33,21,800 equity share of Rs. 10 each at a premium of Rs 20/- per share alloted to the warrantholder opting for convertion. 1995 - 12,70,000 equity shares of Rs 10/- each for cash at allotted to IFCI & ICICI for exercising their option to convert part of their loan in to equity. 1995 - Sales increased to Rs 39.57 crores. Production amounted to 36,805 tonnes in 146 crushing days. The overall performance of the Company was severely affected due to increase in input cost and decrease in selling price of finished products. 1996 - The Company produced 49,998 tonnes of sugar in 209 crushing days. 2005 -Indian Sucrose acquires Cosmos Industries Ltd, Dhuri -Capacity Expansion from 3500 TCD to 5000 TCD. 2006 -Indian Sucrose enters into retail packaging of sugar with SWEETO -The capacity of Company's Sugar Plant at Mukerian has been expanded from 5000 TCD (Five thousand Tons crushing per day) to 7500 TCD (Seven thousand five hundred Tons crushing per day). -Indian Sucrose enters in CDM Project to earn Carbon Credits 2007 -The Company has designated an E-mail ID for redressal of investor grievances. -The Company has entered into the list of few successfully registered CDM Project in India and now eligible to accrue and sell the carbon credits. 2010 -Mr. Kunal Singh has been appointed as the Managing Director of the Company 2011 -Company has appointed Mr. Manish Kumar Dixit, as its Company Secretary & Compliance Office. 2013 -Company has appointed Mr. Sanjay Singh, as an Additional Director of the Company. -Company has appointed Mr. Ravinder Sharma, as its Chief Financial Officer of the Company.