Uttam Sugar Mills Ltd has informed BSE that the Preference Share Allotment Committee at its meeting held November 12, 2009 have issued & allotted 8,00,000 6.5% Redeemable Cumulative Preference Shares of Rs. 100/- each for cash at par totaling amount of
Rs. 8,00,00,000/- to the entities forming part of Promoter group and others. Consequently, with effect from November 12, 2009, the Issued and Subscribed Preference Share Capital of the Company stands increased to Rs. 29,35,00,000/- divided into 29,35,000 Redeemable Cumulative Preference Shares of Rs. 100/- each.