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The committee of Uttam Sugar Mills have issued & allotted 7,00,000 6.5% redeemable cumulative preference ahares of Rs. 100 each for cash at par totaling amount of Rs. 7,00,00,000 to the entities forming part of promoter group.
Consequently, with effect from 19 November 2009, the issued and subscribed preference share capital of the company stands increased to Rs. 36,35,00,000 divided into 36,35,000 redeemable cumulative preference shares of Rs. 100 each.
These shares were allotted at the preference share allotment committee meeting held on 19 November 2009.
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