Stock Report

Uttam Sugar Mills Ltd recommends dividend of Rs. 2.50



Posted On : 2023-05-16 11:53:19( TIMEZONE : IST )

Uttam Sugar Mills Ltd recommends dividend of Rs. 2.50

The Board of Directors of Uttam Sugar Mills Ltd has also recommended a dividend of Rs. 2.50 per equity share of face value of Rs. 10/- each (i.e. 25%) for the year ended 31st March, 2023, subject to approval of Shareholders at the ensuing Annual General Meeting of the Company.

The Board of Directors has recommended a dividend of 6.50 % on "Series - I Non Cumulative Redeemable Preference shares" and 10.00% on "Series - II Non Cumulative Redeemable Preference shares" for the year ended 31stMarch, 2023, subject to approval of Shareholders at the ensuing Annual General Meeting of the Company.

Shares of Uttam Sugar Mills Limited was last trading in BSE at Rs. 272.50 as compared to the previous close of Rs. 271.30. The total number of shares traded during the day was 2863 in over 304 trades.

The stock hit an intraday high of Rs. 276.15 and intraday low of 269.70. The net turnover during the day was Rs. 780624.00.

Source : Equity Bulls

Keywords

UttamSugarMills INE786F01031 Dividend FY2023