Ugar Sugar Works Plant Remains Operational; Shares Rise 1.05%

Mumbai September, 17: The Ugar Sugar Works Limited has informed the stock exchanges that its Ugar Khurd plant continues to operate despite a closure direction issued by the Karnataka State Pollution Control Board, according to a company disclosure dated September 16, 2026. The update follows proceedings before the High Court. The company said that, after the court’s September 7, 2026 order, KSPCB officials visited the Ugar Khurd facility on September 11, 2026.

During the visit, the officials placed the KSPCB closure order at the site and asked the company to facilitate a fresh inspection during the crushing season. Ugar Sugar Works said the plant continues to remain fully operational and that the related court matter is still pending.

Stock Market Snapshot

The Ugar Sugar Works share price was around ₹53.96 in the latest portion of the supplied market snapshot, against a reference level of approximately ₹53.40. This represents a gain of about 1.05%.

The stock started near ₹53.60 and slipped to around ₹53.05 in the early part of the session before recovering. It then moved above ₹53.50 and reached levels close to ₹54.20 during the morning.

The stock later gave up some of the early gains and traded mostly between ₹53.50 and ₹53.80. A brief move above ₹54 was seen around 11:30 AM, with the latest price shown near ₹53.96.

The trading movement is based on the supplied market snapshot. The company has not stated that the share-price movement was linked to the regulatory disclosure.

KSPCB Seeks Fresh Inspection During Crushing Season

According to the filing, the latest development centres on the closure direction issued by KSPCB and the subsequent proceedings before the High Court.

Following the court’s September 7, 2026 order, KSPCB officials visited the plant and instructed the company to arrange a fresh inspection during the crushing season. The company has disclosed that the KSPCB closure order was placed at the plant during the visit.

The matter has not yet reached its final stage. Ugar Sugar Works said the case continues to be heard before the High Court and that the relevant court order is awaited.

Ugar Sugar Works Operates Sugar Plant In Karnataka

Ugar Sugar Works is based in Ugar Khurd in Karnataka’s Belagavi district and operates in the sugar manufacturing business.

The Ugar Khurd facility is the subject of the current regulatory proceedings. The company has kept the exchanges informed of developments under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The company’s latest disclosure primarily provides an update on the status of the plant and the regulatory proceedings. Any further change in the plant’s operating status will depend on subsequent regulatory and court developments.

Conclusion

Ugar Sugar Works has said its Ugar Khurd plant continues to operate while proceedings relating to the KSPCB closure direction remain before the High Court.

KSPCB officials visited the facility on September 11, 2026, following the High Court’s September 7, 2026 order, and asked the company to facilitate a fresh inspection during the crushing season. The company said the matter remains pending and that a court order is awaited.

In the market snapshot provided, the Ugar Sugar Works share price was around ₹53.96, up approximately 1.05% from the indicated reference level of ₹53.40. The stock moved sharply during the morning before settling close to ₹54.

Source:

• https://www.nseindia.com/get-quote/equity/UGARSUGAR/The-Ugar-Sugar-Works-Limited