KCP Sugar & Industries Corporation is looking for opportunities in order to augment long term shareholder value. In this context, the company’s management has initiated discussions with the management of The Jeypore Sugar Company regarding a potential purchase of stake of its promoters.
The discussions are at a preliminary stage and no terms have been firmed up still. Various structures are being explored by the legal and commercial teams, and utmost care is being taken to ensure that all the Indian regulatory requirements are fully complied with.
KCP Sugar & Industries Corporation is engaged in business of manufacturing and marketing of Sugar and Bio-products. The company’s manufacturing facilities are located at Vuyyuru and Lakshmipuram.
