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Sakthi Sugars’ step down subsidiaries in Netherland files for liquidation

29 Aug 2013 Evaluate

Sakthi Sugars’ step down subsidiaries in Netherland - Sakthi Holdings BV, Sakthi European Foreign Sales Corporation BV and Sakthi Netherlands BV have filed for liquidation, as a part of the restructuring of the step down subsidiaries in Europe, on August 21, 2013, August 23, 2013 respectively.

Sakthi Sugars is one of the largest producers of sugar in India with a capacity of over 13,500 tonnes of cane crushing per day. It has units / plants in the states of Tamil Nadu and Orissa.

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