objectives envisaged in the Memorandum and Articles of Association of
these Companies were:
To manufacture sugar and all the allied products.
To purchase, manufacture, produce, refine, prepare, import and export,
sell and to deal in sugar of all varieties, sugar buts, sugarcane,
molasses, jaggery etc.
To aid, promote and operate schemes for development of sugar cane in
particular and all other agricultural crops and produce in general.
To function as a consultancy organisation
(v) Commercial exploitation of sugar rich variety of sugar cane
to ensure higher recovery of sugar.
(vi) Offering consultancy for implementation of new and
expansion sugar projects.
To promote economic development and employment opportunities in rural and
backward areas by encouraging cultivation of cane and promoting setting
up of sugar mills.