Investment31 March 2026 at 02:01 pm
Uttam Sugar Mills Ltd Redeems Preference Shares Worth Rs. 1,00 Each
AI Summary
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, Uttam Sugar Mills Ltd announced that the Preference Share Redemption Committee at a meeting held on 31st March, 2026 has redeemed preference shares. The redemption includes 60,000 - 6.300/o Non-Cumulative Redeemable Preference Shares of Rs. 1,00/- each and 8,25,000 - 10.00% Non-Cumulative Redeemable Preference Shares of Rs. 1,00/- each, along with a premium of Rs. 100/- each, as per the terms of the issue.
Key Highlights
- Uttam Sugar Mills Ltd redeemed preference shares worth Rs. 1,00 each
- 60,000 - 6.300/o Non-Cumulative Redeemable Preference Shares of Rs. 1,00/- each were redeemed
- 8,25,000 - 10.00% Non-Cumulative Redeemable Preference Shares of Rs. 1,00/- each were redeemed along with a premium of Rs. 100/- each
- The redemption was carried out as per the terms of the issue
- The Preference Share Redemption Committee of the Board of Directors made the decision at a meeting held on 31st March, 2026
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UTTAM SUGAR MILLS LTD.Price Impact