Uttam Sugar Mills Limited informed that a meeting of the Board of Directors of the Company is held on January 10, 2023 and Board of Directors of the Company approved the following:- Increase/Enhancement in the æDistillery Capacity (Ethanol)Æ from 150 KLPD to 250 KLPD at Barkartpur plant of the Company. Period within which the proposed capacity is to be added by December, 2023. Project cost will be financed through internal accruals and loans under the interest subvention scheme of Department of Food and Public Distribution, GOI.

Increase/Enhancement in the æCane Crushing CapacityÆ from 23750 TCD to 26200 TCD of the Company and improvement in energy efficiency. Period within which the proposed capacity is to be added By November, 2023. Project cost will be financed through internal accruals /loans.

Keeping in view the increased yield and sugar content in the cane as a result of intensive æCane Development ProgrammeÆ undertaken by the Company, the Company has decided to install the balancing equipments to take care of additional cane availability and higher sucrose content in cane. It shall result in improvement in operating performance and energy efficiency of the plants as well as resultant capacity enhancement.