UPERGANGES

Upper Ganges Sugar & Industries Ltd has submitted to the Exchange the copy of the Proceedings of 75th AGM held on December 03, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/uppergang_procedagm_28122007.zip target=NEW> For more details click here.</a>

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2007 and found the same to be in order subject to certain observations. The auditor's observations are: (a) No adjustment has been made in respect of certain realizations in earlier years aggregating to Rs.118.18 lacs and interest payable thereon, if any, in case of refund of such realization. As the matters thereof are presently under adjudication / not yet settled, the impact of above non-adjustments on the C

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Register of Members and Share Transfer Books shall remain closed from November 28, 2007 to December 03, 2007, both days inclusive, for the purpose of holding Annual General Meeting on December 03, 2007.

Upper Ganges Sugar & Industries Ltd has informed the Exchange regarding a press release dated October 31, 2007, titled "Upper Ganges Sugar & Industries Limited declares its 1st Quarter Financial Results for the quarter ended 30th September, 2007". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/UpperGanges_PR.zip target=NEW> For more details click here.</a>

Upper Ganges Sugar & Industries Ltd has informed the Exchange regarding a press release dated September 21, 2007, titled "Upper Ganges Sugar & Industry Limited declares its Audited Annual Financial Results for the year ended 30th June, 2007". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/UpperGangesSugarInd_PR.zip target=NEW> For more details click here.</a>

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Board of Directors of the Company, at their meeting held on September 21, 2007 have not recommended dividend for the year ended June 30, 2007. The Company has further submitted to the Exchange a copy of a Statement under Clause 20 of the Listing Agreement. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Uppergan_cl20_21092007.zip target=NEW> For more details clic

ECL Finance Limited has informed the Exchange that: "We, ECL Finance Limited (ECL) hereby inform that OSM Investment & Trading Co. Limited & Hargaon Investment & Trading Co. Limited has created pledge on 2,34,891 & 6,57,966 equity shares respectively of Upper Ganges Sugar & Industries Limited as security for a loan".

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Company shall publish Audited Financial Results within a period of 3 month for the year ended on June 30, 2007 i.e. on or before September 30, 2007.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended March 31, 2007 and found the same to be in order subject to certain observations. The auditor's observations are: (a) No adjustment has been made in respect of certain realizations in earlier years aggregating to Rs. 118.18 lacs and interest payable thereon, if any, in case of refund of such realization. As the matters are under adjudication / not yet settled, the impact of such non-adjustments on the Company's loss is pres

Upper Ganges Sugar & Industries Ltd has informed the Exchange that "Shri Bhaskar Mitter has resigned from the Directorship of the Company".

Upper Ganges Sugar & Industries Ltd has informed the Exchange that "the following e-mail ID has been designated for the purpose of grievance redressal : upperinvestor@birla-sugar.com."

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2006 and found the same to be in order subject to certain observations. The auditor's observations are: (a) No adjustment has been made in respect of certain realizations in earlier years aggregating to Rs. 118.18 lacs and interest payable thereon, if any, in case of refund of such realization. As the matters are under adjudication / not yet settled, the impact of such non-adjustments on the Company's profit is

Upper Ganges Sugar & Industries Ltd has informed the Exchange regarding a press release dated January 25, 2007, titled "Upper Ganges Sugar & Industries Ltd announces its 2nd Quarter Financial Results". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/UpGaSu_PR_25012007.zip target=NEW> For more details click here.</a>

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter/half year ended September 30, 2006 and found the same to be in order subject to certain observations. The auditor's observations are: (a) No adjustments has been made in respect of certain realizations in earlier years aggregating to Rs. 118.18 lacs and interest payable thereon, if any, in case of refund of such realization. As the matters thereof are presently under adjudication / not yet settled, the impact of such non-adjustmen

Upper Ganges Sugar & Industries Ltd has submitted to the Exchange the proceedings of the AGM held on November 03, 2006.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).<a href=/content/corporate/UppGan_AGM_10112006.zip target=NEW> For more details click here.</a>

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Register of Members of the Company will remain closed on November 03, 2006, inter alia, for the purpose of holding the AGM and declaration of dividend on Equity Shares for the year ended June 30, 2006.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on August 17,2006 have recommended dividend @ Rs. 5/- per Equity Share on 1,15,57,239 Equity Shares, inclusive of 45,52,852 Equity Shares allotted by the Company as Rights Shares, for the year ended June 30,2006.

Upper Ganges Sugar & Industries Ltd has informed the Exchange with reference to the closure of Rights Issue of 45,52,852 Equity Shares of Rs. 10/- each at a premium of Rs.140/- per share for cash aggregating to Rs. 68,29,27,800 of the Company, that the Subscription for the above Rights Issue was closed on July 27,2006.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that instead of publishing the unaudited financial results for the last quarter ending June 30, 2006 of the financial year ending on that date the Company will publish the audited financial results for the financial year ending June 30, 2006 within a period of three months from the end of the last quarter i.e. within September 30, 2006.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that with reference to the Proposed Rights Issue Of 45,52,852 Equity Shares of Rs.10 each at a price of Rs.150/- per share (Rs. 10/-face value + Rs.140 premium) for cash aggregating to Rs. 68,29,27,800 of Upper Ganges Sugar & Industries Ltd.(" the Company"), the company has fixed June 16, 2006 as record date for the purpose of Rights Issue.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the auditor's have conducted the limited review on Unaudited Financial Results of the Company for the quarter ended March 31, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Upper Ganges Sugar & Industries Ltd has informed the Exchange that Industrial Development Bank of India Ltd. has withdrawn the nomination of Shri L.P.Aggarwal as their nominee on the Board of the Company with effect from May 02,2006.

Upper Ganges Sugar & Industries Ltd has submitted to the Exchange a copy of the proceedings of the AGM of the Company held on March 30, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

SCM Investment & Trading Company Ltd has informed the Exchange that they have purchased 39,742 Equity Shares of Rs.10 each of Upper Ganges Sugar & Industries Ltd. and the shareholding has increased to 3.03%.

Darbhanga Marketing Company Ltd has informed the Exchange that they have sold 1,02,500 Equity Shares of Rs.10 each of Upper Ganges Sugar & Industries Ltd. and the shareholding has reduced to 7.39%.

RTM Investment & Trading Company Ltd has informed the Exchange that they have purchased 1,34,445 Equity Shares of Rs.10 each of Upper Ganges Sugar & Industries Ltd. and the shareholding has increased to 3.57%.

Upper Ganges Sugar & Industries Ltd has submitted to the Exchange a Copy of the letter issued to the Members of New India Sugar Mills Ltd. holding shares in physical form giving them the option to hold either in physical form or in dematerialised form the Equity Shares allotted to them in the Share Capital of the Company pursuant to the Scheme of Arrangement for demerger of New India Sugar Mills Ltd. by transfer of its Sugar Division to the Company as sanctioned by the Hon'ble High Court at Calcutta and Allahabad. The details of the same shall be available on the NSE website (http://www.nseind

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Committee of the BoDs of the Company at its meeting held on March 06, 2006 has decided to issue on rights basis 45,52,852 Equity Shares of Rs.10 each for cash at a price of Rs.150 per share (including premium of Rs.140 per share) aggregating Rs.6829.28 lacs in ratio of 13 equity Shares for every 20 Equity Shares held.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Register of Members of the Company will remain closed from the March 22, 2006 to March 30, 2006, both days inclusive, for the purpose of holding the AGM on the March 30, 2006, inter-alia, for adopting the audited accounts of the Company for the year ended June 30, 2005.

New India Sugar Mills Ltd. has informed the Exchange that the Company has fixed March 03, 2006 as the 'Record Date' for the purpose of determining the members to whom shares of Upper Ganges Sugar & Industries Limited (UGSIL) will be allotted pursuant to the Scheme of Arrangement for demerger of the Company's Sugar Division to UGSIL as approved by the Hon'ble High Courts at Calcutta and Allahabad vide their Orders dated December 07, 2005 and January 19, 2006 respectively.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Hon'ble High Courts at Calcutta and Allahabad vide their Orders dated December 07, 2005 and January 19, 2006, respectively, have approved the Scheme of Arrangement for demerger of the Sugar Division of New India Sugar Mills Ltd. into the Company.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on February 20, 2006 has approved the expansion of the sugarcane crushing capacity of Bharat Sugar Mills, Sidhwalia (Bihar), a unit of the Company, from 2500 TCD to 5000 TCD and installation of 18 MW Co-generation Plant at Sidhwalia for export and captive use at an estimated capital outlay of Rs.125 crores. The said project is expected to go on stream from the start of the crushing operations for the season 2007-08.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that Since the Board of Directors had paid an interim dividend @ Rs.4 per Equity Share of Rs. 10 each for the year ended June 30, 2005 they have not recommended any final dividend for the year ended June 30, 2005.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended December 31, 2005 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended September 30, 2005 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the BODs of the Company at its meeting held on October 27, 2005 have approved installation of 24MW Co-Generation Plant at Seohara for export and captive use at an estimated capital outlay of Rs.100 crores and the same is expected to commence production from February , 2007.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the scheme of arrangement between New India Sugar Mills Ltd. and the company and their respective shareholders for demerger of New India Sugar Mills Ltd. by transfer of its sugar division to the company has been modified and the said modification has been approved unanimously by the shareholders of the company at the court-convened general meeting held on October 01,2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server/Co

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the BODs at their meeting held on September 23, 2005 have appointed Shri I.P. Singh Roy as an additional Director of the Company w.e.f. September 23, 2005.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the BODs of the Company at their meeting held on September 23, 2005 have approved expansion of the Company's Distillery at Seohara from its existing capacity of 55 kilo liters per day (KLPD) to 100 KLPD.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Hon'ble High Court at Calcutta vide its Order dated July 06, 2005 has approved the Scheme of Arrangement for amalgamation of Saran Trading Company Ltd., a wholly owned subsidiary of the Company, with New India Sugar Mills Ltd. w.e.f. April 01, 2004. As such, Saran Trading Company Ltd. has ceased to be the subsidiary of the Company.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that since the Scheme of Arrangement for de-merger of Sugar Division of New India Sugar Mills Ltd. with the Company w.e.f. October 01, 2004 is yet to be approved by the Hon'ble High Courts at Calcutta and Allahabad, the BODs of the Company at their meeting held on September 23, 2005 have deferred consideration of the Accounts of the Company for the year ended June 30, 2005. However, the BODs of the Company at their meeting held on August 16, 2005 had decided to issue Equity Shares on Right basis to the shareholders of the Company. T

Upper Ganges Sugar & Industries Ltd has informed the Exchange that by an Order made on August 08, 2005, the Hon'ble High Court of Judicature at Allahabad has directed that a meeting of the Equity shareholders / Members of Upper Ganges Sugar & Industries Limited, being the applicant Company abovenamed (hereinafter referred to as "UGSIL") be held on October 01, 2005 for the purpose of considering, and if thought fit, approving with or without modification, the proposed Scheme of Arrangement between New India Sugar Mills Limited and UGSIL and their respective shareholders. A copy of the notice o

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on August 16, 2005 have re-appointed Smt. Nandini Nopany as Managing Director of the Company for a further period of five years w.e.f. October 01, 2005, subject to approval of the shareholders.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that Shri G. Dhurka has resigned from the Directorship of the Company with effect from August 16, 2005. The Company has further informed the Exchange that Shri P. K. Lakhotia has been appointed as an Additional Director on the Board of the Company with effect from August 16, 2005.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Company has fixed September 01, 2005 as the record date for the purpose of determining the shareholders who will be entitled to the interim dividend.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the BODs of the Company at its meeting held on August 16, 2005 have declared interim dividend on the Equity Shares of Rs. 10 each @ Rs. 4.00 per share.Further the BODs have also declared issue of Equity Shares on Right basis to the shareholders of the Company. The ratio and price at which the shares are to be offered will be decided in due course.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Company has received the disclosures dated July 19, 2005 and July 20, 2005 from the following persons informing that they have sold Equity Shares of the Company in the open market. The details of the sale are as follows: 1) New India Sugar Mills Ltd. has sold 90,000 (1.29%) Equity Shares on July 20, 2005 and their shareholding after the said sale is 2,70,000 (3.87%) Equity shares; 2) Darbhanga Marketing Company Ltd. has sold 2,10,000 (3.01%) Equity Shares on July 19, 2005 and their shareholding after the said sale is 6,20,1

Upper Ganges Sugar & Industries Ltd has informed the Exchange that Smt. Nandini Nopany, Chairperson-cum-Managing Director of the Company has sold 1,05,000 Equity Shares of the Company in the open market on July 20, 2005.The shareholding of Smt. Nandini Nopany after the said sale is 3,10,800 Equity Shares of Upper Ganges Sugar & Industries Ltd..

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2005 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Upper Ganges Sugar & Industries Ltd has informed the Exchange that Industrial Development Bank of India Ltd. has nominated Shri L P Aggarwal as their nominee on the Board of the Company in place of Shri S Sahoo w.e.f. May 04, 2005.