Promoter Group member Rajni Babbar increased their stake in Uttam Sugar Mills from 0.37% to 0.69% by purchasing 1,22,277 shares for ₹2.47 Cr at ₹201.65 apiece in an off-market transaction. The share price on March 10, 2026, was ₹236.68.
A vertically integrated sugar manufacturer incorporated in 1993, Uttam Sugar Mills produces sugar and industrial alcohol while generating power from bagasse, the fibrous residue of sugarcane processing. The company operates production facilities that utilize sugarcane byproducts for energy generation, minimizing waste. This integrated approach across sugar production, alcohol manufacturing, and power generation allows the company to maximize resource efficiency and operational synergies.
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