Uttam Sugar Mills logo

Uttam Sugar Mills MD, chairman, board of directors and AGM

NSE: UTTAMSUGARBSE: 532729Agricultural Food & other ProductsSmall Cap

Last close ₹352.40up ₹0.30 (0.09%)BSE ₹352.95

Share price at the NSE close on 23 Oct 2026. Previous close ₹352.10.

52-week range of traded prices to 23 Oct 2026
₹181.10Low, 16 Mar 2026₹401.00High, 14 Oct 2026
Market cap
₹1,344 Cr1,549th largest listed
P/E
15.5
P/B
1.5
Dividend yield
0.71%
ROE
10.4%
ROCE
9.7%
Debt to equity
0.81
Volume, NSE
4,12,27026.9% delivered

Uttam Sugar Mills board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorRaj Kumar Adlakha
  • Company Secretary and Compliance OfficerRAJESH GARG

6 directors3 independent2 executive1 non-executive

  • Raj Kumar Adlakha · Chairperson and managing directorExecutive · joined Jul 1998 · reappointed Apr 2024 · 1 listed board
  • Shankar Lal SharmaExecutive · joined Jan 2021 · reappointed Jan 2024 · 1 listed board · 1 committee seat
  • Gurbachan Singh MattaNon-executive · joined Sep 2020 · reappointed Sep 2025 · 1 listed board · 2 committee seats, 1 as chair
  • Jasbir SinghIndependent · joined Sep 2020 · reappointed Sep 2025 · 72 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Ravi KumarIndependent · joined Aug 2022 · reappointed Aug 2022 · 49 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
  • Anju SethiIndependent · joined Sep 2024 · reappointed Sep 2024 · 24 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 18 Sep 20266 of 6 present3 independent · 38 days in between
    • 10 Aug 20265 of 6 present3 independent · 86 days in between
    • 15 May 20266 of 6 present3 independent

  • Audit Committee

    Chair Ravi Kumar

    Jasbir Singh, Gurbachan Singh Matta

    • 18 Sep 20263 of 3 present2 independent · 38 days in between
    • 10 Aug 20262 of 3 present2 independent · 86 days in between
    • 15 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Jasbir Singh

    Anju Sethi, Gurbachan Singh Matta

    • 18 Sep 20263 of 3 present2 independent · 38 days in between
    • 10 Aug 20262 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Gurbachan Singh Matta

    Shankar Lal Sharma, Jasbir Singh

    • 10 Aug 20262 of 3 present1 independent · 86 days in between
    • 15 May 20263 of 3 present1 independent

  • Risk Management Committee

    Chair Shankar Lal Sharma

    Anju Sethi, Jasbir Singh

    • 15 May 20262 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Raj Kumar Adlakha

    Shankar Lal Sharma, Anju Sethi

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • B K KAPUR & COMPANYPeer-review certificate valid to Apr 2029

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Uttam Sugar Mills AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Uttam Sugar Mills dividend history

Annual general meeting, 18 Sep 2026

28,986 shareholders on the register on 11 Sep 2026; present: 8 promoters and 129 others; votes counted by Naveen Kumar Rastogi / N.K. Rastogi & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial Statements for the year ended 31st March, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 61.00% · promoters 80.93% · institutions 11.67% · other public 1.95%

  2. Adoption of Audited Consolidated Financial Statements for the year ended 31st March, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 61.00% · promoters 80.93% · institutions 11.67% · other public 1.95%

  3. Declaration of Final Dividend on Equity Shares for the Financial Year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 61.00% · promoters 80.93% · institutions 11.67% · other public 1.95%

  4. Re-appointment of Mr. Shankar Lal Sharma (DIN: 09018381) as a Director liable to Retire by Rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 61.00% · promoters 80.93% · institutions 11.67% · other public 1.95%

  5. Re-appointment of Mr. Shankar Lal Sharma (DIN: 09018381) as Executive Director and approval of Remuneration
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 61.00% · promoters 80.93% · institutions 11.67% · other public 1.95%

  6. Re-appointment of Mr. Raj Kumar Adlakha (DIN:00133256) as Managing Director and approval of Remuneration.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 52.50% · other public 0.19%

    Turnout: all 55.41% · promoters 73.44% · institutions 11.67% · other public 1.95%

  7. Re-appointment of Mr. Ravi Kumar (DIN: 02362615) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 61.01% · promoters 80.93% · institutions 11.67% · other public 1.95%

  8. Consent under Section 180(1)(a) of the Companies Act, 2013 to create charges, mortgages etc.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 61.01% · promoters 80.93% · institutions 11.67% · other public 1.95%

  9. Consent under Section 180(1)(c) of the Companies Act, 2013 for borrowings
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 61.01% · promoters 80.93% · institutions 11.67% · other public 1.95%

  10. Remuneration of Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 61.01% · promoters 80.93% · institutions 11.67% · other public 1.95%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 18 Mar 2026, 1 resolution

5 shareholders on the register on 10 Feb 2026; votes counted by Naveen Kumar Rastogi / N.K. Rastogi & Associates.The company's voting result (opens in a new tab)

  1. Extension of Redemption Period of 10.00% Non-Cumulative Redeemable Preference Shares
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 1.08% · promoters 1.08% · institutions 0.00% · other public 0.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 19 Sep 2025, 9 resolutions

31,044 shareholders on the register on 12 Sep 2025; present: 10 promoters and 111 others; votes counted by Naveen Kumar Rastogi / N.K. Rastogi & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial Statements for the year ended 31st March, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 61.48% · promoters 81.28% · institutions 45.57% · other public 3.84%

  2. Adoption of Audited Consolidated Financial Statements for the year ended 31st March, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 61.48% · promoters 81.28% · institutions 45.57% · other public 3.84%

  3. Declaration of Final Dividend on Preference Shares for the Financial Year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 61.48% · promoters 81.28% · institutions 45.57% · other public 3.84%

  4. Declaration of Final Dividend on Equity Shares for the Financial Year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 61.48% · promoters 81.28% · institutions 45.57% · other public 3.84%

  5. Appointment of Mr. Gurbachan Singh Matta (DIN: 02612602) as a Director liable to Retire by Rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 61.48% · promoters 81.28% · institutions 45.57% · other public 3.84%

  6. Re-appointment of Mr. Gurbachan Singh Matta (DIN: 02612602) as Non-Executive Non-Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 61.48% · promoters 81.28% · institutions 45.57% · other public 3.84%

  7. Re-appointment of Mr. Jasbir Singh (DIN: 08897793) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 61.48% · promoters 81.28% · institutions 45.57% · other public 3.84%

  8. Appointment of M/s. N. K. Rastogi & Associates, Practicing Company Secretary as Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 61.48% · promoters 81.28% · institutions 45.57% · other public 3.84%

  9. Remuneration of Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 61.48% · promoters 81.28% · institutions 45.57% · other public 3.84%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 18 Sep 2024, 6 resolutions

Present: 9 promoters and 134 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the year ended 31st March, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 60.95% · promoters 81.28% · institutions 92.73% · other public 1.80%

  2. Declaration of Final Dividend on Preference Shares for the Financial Year ended March 31, 2024
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.24%

    Turnout: all 60.95% · promoters 81.28% · institutions 92.73% · other public 1.80%

  3. Declaration of Final Dividend on Equity Shares for the Financial Year ended March 31, 2024
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.24%

    Turnout: all 60.95% · promoters 81.28% · institutions 92.73% · other public 1.80%

  4. Re-appointment of Mr. Raj Kumar Adlakha (DIN: 00133256) as a Director liable to Retire by Rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.43%

    Turnout: all 55.59% · promoters 74.08% · institutions 92.73% · other public 1.80%

  5. Appointment of Mrs. Anju Sethi (DIN: 10746144) as an Independent Director
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.52%

    Turnout: all 60.95% · promoters 81.28% · institutions 92.73% · other public 1.80%

  6. Remuneration of Cost Auditor
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.43%

    Turnout: all 60.95% · promoters 81.28% · institutions 92.73% · other public 1.80%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 22 Sep 2023, 7 resolutions

Present: 9 promoters and 114 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the year ended 31st March, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.09% · promoters 80.89% · institutions 77.16% · other public 40.60%

  2. Declaration of Final Dividend on Preference Shares for the Financial Year ended March 31, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.10% · promoters 80.89% · institutions 79.92% · other public 40.60%

  3. Declaration of Final Dividend on Equity Shares for the Financial Year ended March 31, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.10% · promoters 80.89% · institutions 79.92% · other public 40.60%

  4. Re-appointment of Mr. Shankar Lal Sharma (DIN: 09018381) as a Director liable to Retire by Rotation.
    Ordinary
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 18.10% · other public 0.00%

    Turnout: all 70.10% · promoters 80.89% · institutions 79.92% · other public 40.60%

  5. Re-appointment of Mr. Shankar Lal Sharma (DIN: 09018381) as Whole Time Director and approval of Remuneration
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.10% · promoters 80.89% · institutions 79.92% · other public 40.60%

  6. Re-appointment of Mr. Raj Kumar Adlakha (DIN: 00133256), Managing Director and approval of Remuneration
    Special
    99.63% for0.37% against

    Against: promoters 0.00% · institutions 81.90% · other public 0.00%

    Turnout: all 65.84% · promoters 75.04% · institutions 79.92% · other public 40.60%

  7. Remuneration of Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.10% · promoters 80.89% · institutions 79.92% · other public 40.60%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 23 Sep 2022, 7 resolutions

Present: 10 promoters and 127 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the year ended 31st March, 2022
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 76.56% · promoters 98.04% · institutions 94.77% · other public 13.16%

  2. Declaration of Final Dividend on Preference Shares for the Financial Year ended March 31, 2022
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 76.61% · promoters 98.04% · institutions 99.77% · other public 13.16%

  3. Declaration of Final Dividend on Equity Shares for the Financial Year ended March 31, 2022
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 76.61% · promoters 98.04% · institutions 99.77% · other public 13.16%

  4. Re-appointment of Mr. Gurbachan Singh Matta (DIN: 02612602) as a Director liable to Retire by Rotation
    Ordinary
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 17.94% · other public 0.05%

    Turnout: all 76.61% · promoters 98.04% · institutions 99.77% · other public 13.16%

  5. Appointment of M/s B. K. Kapur & Co., Chartered Accountants as Statutory Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 76.61% · promoters 98.04% · institutions 99.77% · other public 13.16%

  6. Appointment of Mr. Ravi Kumar (DIN: 02362615) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 76.61% · promoters 98.04% · institutions 99.77% · other public 13.16%

  7. Remuneration of Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 76.61% · promoters 98.04% · institutions 99.77% · other public 13.16%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 17 Sep 2021, 10 resolutions

Present: 19 promoters and 130 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the year ended 31st March, 2021
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 77.49% · promoters 100.00% · institutions 0.00% · other public 9.95%

  2. Re-appointment of Mr. Raj Kumar Adlakha (DIN: 00133256), as a Director who retires by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 73.23% · promoters 94.32% · institutions 0.00% · other public 9.95%

  3. Appointment of Mr. Shankar Lal Sharma (DIN: 09018381) as Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 77.49% · promoters 100.00% · institutions 0.00% · other public 9.95%

  4. Appointment of Mr. Shankar Lal Sharma (DIN: 09018381) as Whole Time Director and approval of Remuneration
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 77.49% · promoters 100.00% · institutions 0.00% · other public 9.95%

  5. Re-appointment of Mr. Raj Kumar Adlakha (DIN: 00133256), Managing Director and approval of Remuneration
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 73.23% · promoters 94.32% · institutions 0.00% · other public 9.95%

  6. Appointment of Mr. Gurbachan Singh Matta (DIN: 02612602) as Non-Executive Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 77.49% · promoters 100.00% · institutions 0.00% · other public 9.95%

  7. Appointment of Mr. Jasbir Singh (DIN: 08897793) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 77.49% · promoters 100.00% · institutions 0.00% · other public 9.95%

  8. Payment of monthly remuneration to Non-Executive Directors including Independent Directors
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 77.49% · promoters 100.00% · institutions 0.00% · other public 9.95%

  9. Further Issue of Securities
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 77.48% · promoters 100.00% · institutions 0.00% · other public 9.94%

  10. Remuneration of Cost Auditor for the financial year 2021-22
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 77.49% · promoters 100.00% · institutions 0.00% · other public 9.95%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 15 Oct 2020, 1 resolution

Present: 12 promoters and 2 others.The company's voting result (opens in a new tab)

  1. Amendment in the terms & conditions of 6.50% Non-Cumulative Redeemable Preference Shares
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Stakes in unlisted companies

Reported in the filing for the quarter to Sep 2026.

  • Unlisted stake heldUttam Distilleries LimitedSince 24 Jul 2025

    0.00% bought in the quarter; holding 83.73%, from 83.73%

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.