About Us
Eastern Sugar & Industries Ltd (ESIL), a Public Limited Company registered with the Registrar of
Companies, Bihar, was established in the year 1964 under the name and style of Eastern Polymers
Corporation Ltd, which was subsequently changed to its present name. The Registered Office of ESIL is
situated at Motihari, East Champaran, Bihar – 845 401.
SHSIL is owned by Nopany Group, lead by Mr. B.K.Nopany, who is 74 and has more than 50 years’
experience in diverse fields like sugar, real estate development, and investment apart from experience
of handling matters of schools of repute. He is also Chairman of the Board of a leading Academic
Institution in Calcutta.
The Board of Directors along with a team of professionals manages the day-to-day operations of the
Company. The Non-Executive Directors are drawn from amongst persons with experience in business,
industry and finance. The Board of Directors has the ideal composition with more than half the Directors
being non-executive Directors.
The present paid-up capital of ESIL is Rs. 33.90 Crores. The Equity Shares of ESIL are listed with The
Bombay Stock Exchange and National Stock Exchange.
Presently, the Company is engaged mainly in the business of trading of Stores Items, required by Sugar
Mills, and Construction Rights. Apart from earning income from trading activities, it has also started
earning income from Block Usage Charges from Shree Hanuman Sugar & Industries Ltd (SHSIL), in
respect of plant & machineries owned by it.
ESIL proposes to discontinue trading activities and diversify into the business
of construction and selling of residential houses. Mr. B. K. Nopany, the group Chairman has long-term experience of real estate
development. The proposed constructions activities are proposed to be financed entirely either out of
internal resources or advance from customers.