Uttam Sugar Mills Redeems Preference Shares in Board Meeting Decision
Uttam Sugar Mills Limited has completed the redemption of certain categories of preference shares following a meeting of its Preference Share Redemption Committee and Board of Directors. The action was finalized on July 1, 2026.The company redeemed two distinct series of non-cumulative redeemable preference shares as per the terms governing each issue.The details of the redeemed shares are presented below:Share TypeQuantity RedeemedFace Value Per ShareNon-Cumulative Redeemable Preference Shares43,600Rs. 100/- (Face Value)Non-Cumulative Redeemable Preference Shares9,000Rs. 100/-(Face Value) plus premium of Rs. 100/-The redemption was executed by the...