Uttam Sugar Mills is planning to raise funds by way of issuance of securities to fund capital expenditure and working capital requirements. The meeting of the Board of Directors of the company is scheduled to be held on July 10, 2018, to consider the same.
Uttam Sugar Mills is engaged in production of sugar, Ethanol and generation of power. The company has four sugar plants, which are located in northern India. One plant is located in the state of Uttarakhand and three plants in the state of Uttar Pradesh.
