UPERGANGES

Upper Ganges Sugar & Industries Limited has informed the Exchange regarding outcome of Board meeting held on March 14, 2017.

Upper Ganges Sugar & Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on March 04, 2017, considered and appointed Mr. Kailash Chand Gupta and Mr. Brij Mohan Agarwal, as Additional Directors of the Company w.e.f. March 04, 2017.

Upper Ganges Sugar & Industries Limited has informed the Exchange that In continuation of Company's letter dated December 31, 2015, the Board of Directors of the Company at its meeting held earlier on May 13, 2016, has on the recommendations made by the Audit Committee, resolved to initiate appropriate legal actions against the erring persons named in the investigation report submitted by independent third party experts. The Company will keep Exchange informed of any further material developments in this regard.

Upper Ganges Sugar & Industries Limited has informed the Exchange regarding the Outcome of Board Meeting of the Company held on February 26, 2016 with respect to Scheme of arrangement.

Upper Ganges Sugar & Industries Limited has informed the Exchange regarding Outcome of Board Meeting of the Company held on December 31, 2015.

Upper Ganges Sugar & Industries Limited has informed the Exchange that the Board of Directors at its meeting held on May 12, 2015, have not recommended any dividend for the financial year ended March 31, 2015.

Upper Ganges Sugar & Industries Limited has informed the Exchange that the Board of Directors at its meeting held on October 29, 2014 decided on the following matters subject to requisite approval of the shareholders through postal ballot: a. Amendment of Articles of Association of the Company to bring in consonance and harmony with the Companies Act, 2013; and b. To make further investment, provide loans or give guarantee or provide security in connection with loans to any other body corporate or person under Section 186 of the Companies Act, 2013, for an amount not exceeding Rs. 300 Crores

Upper Ganges Sugar & Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held August 14, 2014 has decided to issue up to 30,00,000 Non-Convertible Cumulative Redeemable Preference Shares of Rs.100 each on private placement basis, subject to the approval of the Shareholders and compliance with the applicable provisions of law.

Upper Ganges Sugar & Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 15, 2014 have not recommended any dividend for the financial year ended March 31, 2014.

Upper Ganges Sugar & Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 15, 2013 have not recommended any dividend for the nine months financial year ended March 31, 2013.

Upper Ganges Sugar & Industries Limited has informed the Exchange that the Board of Directors of the Company at it meeting held on August 12, 2011 have not recommended any dividend for the year ended June 30, 2011.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on August 22, 208 have not recommended dividend for the year ended June 30, 2008.

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

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 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 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 at its meeting held on October 28, 2004 the BOD have proposed to merge Saran Trading Company Ltd., a wholly owned subsidiary of the Company, with New India Sugar Mills Ltd. with effect from April 01, 2004 and the sugar business with all its assets and liabilities of New India Sugar Mills Ltd with the company with effect from October 01, 2004, subject to necessary approvals. Further the BOD have appointed M/s. Ernst & Young Private Ltd to carry out the valuation of the Company, Saran Trading Company Ltd and the sugar business of