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Board of Uttam Sugar Mills approves raising of funds up to Rs 300 cr

Capital Market 

At meeting held on 10 August 2019

The Board of Uttam Sugar Mills at its meeting held on 10 August 2019 has approved raising of funds for an aggregate sum not exceeding Rs 300 crore by way of further issue of securities (convertible / non-convertible) through private placement/ preferential allotment or otherwise to fund capital expenditure / repayment of loans and working capital requirements.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 10 2019. 16:54 IST