Uttam Sugar Mills allots 5 lac preference share

Published on Tue, Jan 04, 2011 at 18:20 |  Source : Moneycontrol.com

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Uttam Sugar Mills allots 5 lac preference share

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Uttam Sugar Mills Limited has informed the Exchange that Preference Share Allotment Committee in its meeting held on December 31, 2010 have issued and allotted 5,00,000 6.5% Redeemable Cumulative Preference Shares of Rs.100/- each for cash at par totaling amount of Rs.5,00,00,000/- (Rupees Five Cores Only) to the entities forming part of Promoter group. Consequently, with effect from December 31, 2010, the Issued and Subscribed Preference Share Capital of the Company stand increased to Rs.46,60,00,000/- divided into 46,60,000 Redeemable Cumulative Preference Shares of Rs.100/- each.
Source : BSE

  

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