Uttam Sugar Mills Limited — Important, 06-02-2025: Updates

The Preference Share Redemption Committee of Uttam Sugar Mills Limited has redeemed a total of 1,61,200 preference shares. This includes 28,700 shares of 6.50% Non-Cumulative Redeemable Preference Shares and 1,32,500 shares of 10.00% Non-Cumulative Redeemable Preference Shares, each with a face value of Rs. 100 and an additional premium of Rs. 100 as per the terms of issue. This strategic decision could positively influence the company’s financial structure by reducing liabilities related to preference shares. Investors should monitor the impact of this redemption on earnings and the company's overall financial health moving forward.