UTTAM SUGAR MILLS Share price

Our Company belongs to the Uttam Group of Companies promoted by the Adlakha family.Our Company was incorporated as Associated Sugar Mills Limited on October 04 1993. The erstwhile promoters of the Company were Mr. M. K. Swarup and his family/associates. The Company received theCertificate for Commencement of business on April 18 1994. The Company also received a license to set up a sugar mill with a capacity of 2500 TCD under the then prevailing licensing system.In the year 1998 Uttam Group acquired the 100% shareholding in the Company from the erstwhile promoters and gained overall control of our Company. Subsequent to this the name of our Company was changed to Uttam Sugar Mills Limited and a fresh Certificate of the Incorporation was obtained on November 24 1998 from the Additional Registrar of Companies N.C.T. of Delhi and Haryana.Our current promoters are Mr. Raj Kumar Adlakha Mr. Rajan Adlakha Mr. Ranjan Adlakha Uttam Industrial Engineering Limited Lipi Boilers Limited and Uttam Sucrotech Limited. We set up our first sugar unit at village Libberheri Tehsil Roorkee Distt. Haridwar Uttaranchal in 2001 for manufacturing sugar using double sulphitation process with a capacity of 2500 TCD along-with cogeneration facilities of 6 MW of power. Our Company commenced commercial production from January 2001.Our Company expanded its capacity to 4000 TCD during November 2001 by installing additional cane loaders/un-loaders increasing the length of cane conveyor adding certain evaporator bodies centrifugal machines etc. Our Company further expanded its capacity to 5000 TCD along-with additional co-generation facility of 3 MW during November 2002. Our Company further increased its installed capacity to 6250 TCD and upgraded its production process to the present Defeco Remelt Phospho Floatation process alongwith the expansion of co-generation facility to16 MW of power in the year 2004.Major events in the history of our Company since inceptionYear Key events milestones and achievements1993 Incorporated as Associated Sugar Mills Limited by Mr. M. K. Swarup and family/associates1994 Received license to set up sugar mill with a capacity of 2500 TCP1998 Acquisition of 100% shareholding in our Company by the Uttam Group subsequent to which the name of our Company was changed to Uttam Sugar Mills Limited 2001 Set-up of our first Sugar Mill at Village Libberheri with a capacity of 2500 TCD for manufacture of sugar through the Double Sulphitation Process along-with co-generation facilities of 6 MW of power Capacity enhanced to 4000 TCD in November in the same year2002 Capacity further expanded to 5000 TCD along with additional co-generation facility of 3 MW2004 Increased our installed capacity to 6250 TCD and upgraded our production process to the present Defeco Remelt Phospho Floatation process alongwith the expansion of co-generation facility to 16 MW of power2005 Expanded our capacity by setting up another sugar mill with 3500 TCD and 10 MW cogeneration power plant in village Barkatpur Tehsil - Nazibabad District - Bijnore (Uttar Pradesh)