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An update from Ugar Sugar Works Ltd ( (IN:UGARSUGAR) ) is now available.
Ugar Sugar Works Ltd has notified the stock exchange that it has submitted an application for reclassification of certain promoters under Listing Regulation 31A, along with the requisite fees. The request covers promoters Babasaheb N. Kalyani and Sunita B. Kalyani, who together hold a small minority stake in the company, and the move may signal a change in the company’s shareholding pattern and promoter group structure, with potential implications for its governance and regulatory status once approved by the exchange.
More about Ugar Sugar Works Ltd
Ugar Sugar Works Ltd is an India-based sugar manufacturer headquartered in Karnataka, with registered and operational offices across Maharashtra and other states, focusing on the production and sale of sugar and related products for the domestic market.
Average Trading Volume: 10,498
Technical Sentiment Signal: Sell
Current Market Cap: 4.25B INR
See more data about UGARSUGAR stock on TipRanks’ Stock Analysis page.