ALPHA TRIBE

UR Sugar Industries LtdImportant, 02-09-2025: Company Update

02-09-2025 | 02:40 pm

UR Sugar Industries Limited has re-appointed Mr. Lava Ramesh Katti as Managing Director for a five-year term, subject to shareholder approval. Notably, Mr. Katti will serve without any remuneration, a decision he previously expressed. He brings experience in administrating distillery and co-generation units, and overseeing agricultural activities. Mr. Katti holds 14,001,370 Equity Shares in the company. The board retains the flexibility to revise his terms in the future. This re-appointment provides leadership continuity for key operational areas.

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