Rana Sugars has invested its funds in incorporating subsidiary in the name & style of Buttar Biofuels for which the initial shares application money was paid by the company in due course for completing the investment. The main object of the acquisition is to have a Wholly Owned Company which is engaged in the business of manufacturing, producing, refining, processing, buying, selling, importing, exporting or otherwise to deal in ethyl alcohol, ethanol and biodiesel fuel.
Rana Sugars (RSL) is one of the most diversified sugar facilities in the country.