StockWatch
·
Sugar
Corporate Action10 Jul 2026, 06:10 pm

Uttam Sugar Mills Redeems Preference Shares

AI Summary

Uttam Sugar Mills Ltd has announced the redemption of preference shares through its Preference Share Redemption Committee. The company redeemed 43,600 6.500% Non-Cumulative Redeemable Preference Shares of Rs. 100 each and 9,000 10.00% Non-Cumulative Redeemable Preference Shares of Rs. 100 each, along with a premium of Rs. 100 per share, as per the terms of issue. This action is in compliance with SEBI (LODR) Regulations, 2015.

Key Highlights

  • Preference shares redeemed by Uttam Sugar Mills Ltd.
  • Redemption includes both 6.500% and 10.00% preference shares.
  • Action taken as per terms of issue and regulatory compliance.
  • Details disclosed via BSE filing.