Uttam Sugar Mills Submits SEBI Compliance Certificate for Q4FY26 Dematerialisation Activities

1 min read     Updated on 14 Apr 2026, 05:55 PM
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Uttam Sugar Mills Limited submitted its confirmation certificate under SEBI Regulation 74(5) for Q4FY26 dematerialisation activities to NSE and BSE on April 14, 2026. The certificate, issued by RTA MUFG Intime India Private Limited, confirms proper processing of dematerialisation requests and compliance with prescribed timelines during the quarter ended March 31, 2026.

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Uttam Sugar Mills Limited has fulfilled its regulatory obligations by submitting the mandatory confirmation certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to both major stock exchanges where the company's shares are listed.

Regulatory Compliance Submission

The company submitted the confirmation certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 14, 2026. The certificate covers dematerialisation requests, cancellation of certificates, and consequential actions taken during the quarter ended March 31, 2026.

Parameter: Details
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Quarter Covered: March 31, 2026
Submission Date: April 14, 2026
Exchanges Notified: NSE and BSE Limited

RTA Certification Details

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serving as the company's Registrar and Transfer Agent, issued the confirmation certificate. The RTA confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

The certification confirms that:

  • Securities received for dematerialisation were accepted or rejected appropriately
  • Security certificates were mutilated and cancelled after due verification
  • Depository names were substituted in the register of members as registered owners
  • All processes were completed within prescribed regulatory timelines

Corporate Governance Framework

The submission was signed by Rajesh Garg, Company Secretary and Compliance Officer, demonstrating the company's commitment to maintaining proper corporate governance standards. The certificate from MUFG Intime India was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, ensuring proper authorization and accountability in the certification process.

Exchange Communication

The company communicated with both National Stock Exchange of India Limited and BSE Limited, providing the required documentation for their records. This dual submission ensures compliance with listing requirements across both major Indian stock exchanges where Uttam Sugar Mills shares are traded.

Historical Stock Returns for Uttam Sugar Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-0.09%+1.18%+28.92%-3.58%-12.65%+141.66%

How might the recent change from Link Intime to MUFG Intime India as RTA impact Uttam Sugar Mills' future shareholder services and operational efficiency?

What strategic initiatives is Uttam Sugar Mills likely to pursue in FY2027 following this routine compliance milestone?

Could increased dematerialisation activity during Q4 FY2026 signal growing institutional or retail investor interest in the sugar sector?

Uttam Sugar Mills Limited Redeems Preference Shares Worth Rs. 8.85 Lakh

1 min read     Updated on 01 Apr 2026, 04:44 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Uttam Sugar Mills Limited redeemed preference shares worth Rs. 8.85 lakh through its Preference Share Redemption Committee on March 31, 2026. The redemption included 60,000 shares of 6.50% non-cumulative redeemable preference shares at Rs. 100 each and 8,25,000 shares of 10.00% non-cumulative redeemable preference shares at Rs. 100 each with Rs. 100 premium per share. The transaction was disclosed under SEBI regulations and executed as per original issue terms.

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Uttam sugar mills Limited has announced the redemption of preference shares through its Preference Share Redemption Committee. The decision was made at a committee meeting held on March 31, 2026, and disclosed to stock exchanges under Regulation 30 of SEBI (LODR) Regulations, 2015.

Preference Share Redemption Details

The company redeemed two distinct categories of non-cumulative redeemable preference shares during the committee meeting:

Share Type Quantity Face Value Premium Interest Rate
Non-Cumulative Redeemable Preference Shares 60,000 Rs. 100 each - 6.50%
Non-Cumulative Redeemable Preference Shares 8,25,000 Rs. 100 each Rs. 100 each 10.00%

The redemption of the 10.00% preference shares included an additional premium of Rs. 100 per share, executed as per the original terms of issue.

Regulatory Compliance

The redemption process was carried out in full compliance with regulatory requirements. Company Secretary and Compliance Officer Rajesh Garg signed the disclosure document, ensuring proper documentation and transparency. The company formally notified both the National Stock Exchange of India Limited and BSE Limited about the redemption.

Corporate Structure Impact

The preference share redemption represents a strategic financial decision by Uttam Sugar Mills Limited's management. The company maintained its commitment to honoring the terms and conditions established at the time of original share issuance. The redemption process was executed through the designated Preference Share Redemption Committee, demonstrating proper corporate governance practices.

Historical Stock Returns for Uttam Sugar Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-0.09%+1.18%+28.92%-3.58%-12.65%+141.66%

How will the redemption of Rs. 92.5 crores worth of preference shares impact Uttam Sugar Mills' debt-to-equity ratio and overall capital structure?

What funding sources did the company utilize to finance this substantial preference share redemption, and will it affect future capital expenditure plans?

Could this redemption signal preparations for fresh equity fundraising or potential expansion plans in the sugar industry?

More News on Uttam Sugar Mills

1 Year Returns:-12.65%