Rana Sugars has received an approval for transfer of its Power Units situated at Moradabad & Rampur in state of Uttar Pradesh to its own subsidiary companies. The board of directors at its meeting held on August 19, 2014 has approved for the same. The above is however subject to the approval of the shareholders.
Rana Sugars, a Rana Group company was founded in 1992 in collaboration with Punjab Agro Corporation. The company has one of the most diversified sugar facilities in the country.