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Power Of Finance (SEBI RA)

19th Mar · SEBI-Registered Analyst

Uttam Sugar Mills Secures Unanimous Approval for Preference Share Redemption Extension

UTTAMSUGAR
Uttam Sugar Mills Limited successfully completed postal ballot proceedings for extending redemption periods of its preference shares, achieving 100% approval from voting shareholders. The company received unanimous support for both 6.50% and 10.00% Non-Cumulative Redeemable Preference Shares through a transparent e-voting process conducted from February 17 to March 18, 2026. The postal ballot was overseen by appointed scrutinizer N.K. Rastogi & Associates and complied with all regulatory requirements under the Companies Act, 2013 and SEBI listing regulations.

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