Uttam Sugar Mills : AR- 2022-23

28th Annual Report

2022-23

The Best Sugar you can buy

CORPORATE OVERVIEW STATUTORY REPORTS

FINANCIAL STATEMENTS

Report Navigation

1-16

Corporate Overview
Corporate Information	2
Our Mission and Vision	3
Our Manufacturing Facilities	4
Our Growth Journey	6
Corporate Snapshot	8
Our Products	9
Financial Perrformance Highlights	10
Our Performance in last Few FY	11
Our Capabilities	14

17-117

Statutory Report
Notice of 28th AGM	17
Directors Report	34
Corporate Social Responsibility Report	51
Business Responsibility and Sustainability Report	53
Corporate Governance Report	89
Management Discussion & Analysis	107

118-185

Financial statements
Auditor's Report on financials	118
Balance Sheet	129
Profit and Loss Statement	130
Cash Flow Statement	131
Notes to Accounts	135

Forward-looking Statements

Read this report online

Certain statements in this report may be regarded as forward- looking statements or forecasts but do not represent an earnings forecast or guarantee. Actual results and outcomes may differ materially from those expressed in or implied by these statements. All forward- looking statements are based solely on the views and considerations of the management.

The online version of Uttam Sugar Mills Limited referred to 'USML' Annual Report 2022-23 is available on our corporate website under the 'Investors lounge' section: www.uttamsugar.in.

Annual Report 2022-231

Corporate

Information

Board of

Directors

Audit Committee

Nomination and Remuneration Committee

Stakeholders

Relationship

Committee

Corporate social Responsibility Committee

Registered Office

Corporate

Office

Bankers

Mr. Raj Kumar Adlakha, Managing Director

Mr. Shankar Lal Sharma, Executive Director

Mr. Gurbachan Singh Matta, Non-Executive

Director

Mr. Narendra Kumar Sawhney

Independent Director

Mrs. Rutuja Rajendra More,

Independent Director

Mr. Jasbir Singh, Independent Director

Mr. Ravi Kumar, Independent Director

Mr. Narendra Kumar Sawhney

Mr. Gurbachan Singh Matta

Mr. Jasbir Singh

Mr. Narendra Kumar Sawhney

Mr. Gurbachan Singh Matta

Mr. Jasbir Singh

Mr. Gurbachan Singh Matta

Mr. Narendra Kumar Sawhney

Mr. Jasbir Singh

Mr. Raj Kumar Adlakha

Mr. Shankar Lal Sharma

Mr. Narendra Kumar Sawhney

Village Libberheri, Tehsil Roorkee, District Haridwar, Uttrakhand-247667

A-2E, 3rd Floor, C.M.A. Tower, Sector - 24, Noida - 201 301 (U.P.)

Punjab National Bank

State Bank of India

Axis Bank Limited

Indusind Bank

Uttarakhand State Co-operative Bank Ltd.

Zila Sahkari Bank Limited Ghaziabad

Muzaffarnagar District Co-operative Bank Ltd.

District Co-operative Bank Ltd. (Saharanpur)

Statutory Auditor

Internal

Auditor

Cost

Auditor

Secretarial Auditor

Registrar

• Share Transfer Agent

Listed At

Website

Grievance id

Email id

M/s B.K. Kapur & Co.

Chartered Accountants

17 Navyug Market

Ghaziabad, Uttar Pradesh 201001

M/s S S KOTHARI MEHTA & COMPANY

Chartered Accountants

Plot No. 68, Okhla Phase III,

New Delhi - 110020

M/s M.K. Singhal & Co.

Cost Accountants

MSG House, C-91,Sector-71,Noida, Uttar

Pradesh - 201301

M/s N.K. RASTOGI & ASSOCIATES Company Secretaries

3, Shankar Vihar, 2nd Floor, Vikas Marg, Delhi - 110092

Link Intime India Private Limited Noble Heights, 1st floor, Plot No NH-2,C-1 Block, LSC, Near Savitri Market, Janakpuri, New Delhi - 110058.

Tel. :- 011-41410592-94

Email: [e-mail]

National Stock Exchange of India Limited

Symbol: UTTAMSUGAR, Series: EQ

BSE Limited

Scrip Code: 532729

Scrip ID: UTTAMSUGAR

www.uttamsugar.in

[e-mail]

[e-mail]

2 Uttam Sugar Mills Limited

CORPORATE OVERVIEW STATUTORY REPORTS

FINANCIAL STATEMENTS

Our

Mission & Vision

VISION

To be a dynamic organization that remains ahead of the new challenges through its culture of continuous development and technological

innovations while remaining committed to social responsibility.

MISSION

To remain a growth oriented organization maximizing Bio-Fuel production and green power, producing and marketing UTTAM quality sugar to create the best brand and long term value for all stakeholders.

Annual Report 2022-233