Uttam Sugar Mills redeems 50K preference shares; Stock up 1%

The shares comprised 6.50% of the share capital of the company at Rs100 each on a preferential basis.

June 03, 2021 11:11 IST India Infoline News Service

The Preference Share Redemption Committee of the Board of Directors of the Uttam Sugar Mills Limited at a meeting held on June 2021, has redeemed 50,000 6.50% Non-Cumulative Redeemable Preference Share of Rs100/- each.

At around 11.10 AM, Uttam Sugar Mills Ltd stock was trading at Rs146.85 up by Rs1.75 or 1.21% from its previous closing of Rs145.10 on the BSE.
The scrip opened at Rs146.50 and has touched a high and low of Rs148.80 and Rs146.25 respectively during intraday trade on Thursday. 

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