Shree Renuka Sugars Limited's shares rose by 1.15% following receiving NCLT approval for a merger involving its subsidiaries, effective December 6, 2024. The company has a Q2FY25 revenue was ₹2,566 crore with a loss of ₹23 crore in the same quarter. Shree Renuka Sugars is India's largest sugar refiner and ethanol producer which is headquartered in Mumbai.