Uttam Sugar Mills allots 5 lac preference share
Uttam Sugar Mills has allotted 5 lacs 6.5% Redeemable Cumulative preference shares of Rs 100 each for cash at par.
January 04, 2011 / 18:20 IST
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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