Parvati Sweetners & Power Limited, part of the LNCT Group, is a prominent manufacturer of sugar and its by-products. Established initially as a private entity in December 2011, it transitioned to a public company in January 2012. The company operates a manufacturing facility in Gwalior, Madhya Pradesh, with a crushing capacity of 2,500 TCD.
In 2018, Parvati Sweetners & Power Limited amalgamated with Dollex Industries Limited, expanding its product line to include spirits like ethanol and power. The merger was finalized on February 9, 2018, with Dollex shareholders receiving equity in Parvati Sweetners. This strategic merger allowed the company to bolster its production capabilities and diversify its product offerings, potentially enhancing its market position in the sugar and ethanol sectors.
