Sugam Agro-Tech was incorporated in the year 1994. The company sold its factory located at Peddapuram in the East Godavari district of Andhra Pradesh and transferred one million shares to Stressed Assets Stabilization Fund of IDBI to settle dues owed to banks.
The company is presently suspended from the BSE on account of non-compliance with listing agreement clauses.
The registered office of the company is located at 1-2-25/11, 2nd Floor, Atmaram Estate, Hydernagar, Hyderabad 500072, Andhra Pradesh.
Business area of the company
The company is engaged in the business of growing, processing and exporting mushrooms.