THE UGAR SUGAR WORKS LIMITED. Works * E-mail * Regd. Office * E-mail *

Ugar Khurd – 591 316, Dist.Belgaum, Karnataka helpdesk@ugarsugar.com Mahaveernagar, Sangli – 416 416, Maharashtra. usw.sangli@ugarsugar.com.

Phone * Website * Phone * TIN No. * GSTIN *

-91 8339 274000 (5 Lines) Fax * -918339 272232 www.ugarsugar.com -91 233 2623717, 2623716 Fax * -91 233 2623617 29520007001, PAN-AAACT7580R 29AAACT7580R1ZD. ECC No.AAACT7580 RXM001. (CIN – L15421PN1939PLC006738)

Mumbai :701, Roha Orion, 16th Road, Bandra (W), Mumbai 400 050,.Phone:+91 22 26043540, Telefax:+91 22 26045848, E-mail ::usw.bby@ugarsugar.com. Bangalore:317, 14thCross, 9th Main Jaynagar, II Block,Back Side of Kuchalamba Kalyan Mantap,560 011.Ph./Fx:+91 80 26565630, mail:usw.blr@ugarsugar.com. Belgaum : G-1, Plot No.2510 :Mahant Rsidency”, Mahantesh Nagar, Belagavi-590017 Ph/Fx-0831-2472204. Email:usw.bgm@ugarsugar.com. .

Sec, Date: 07/09/2020 To, The Executive Director, Bombay Stock Exchange Ltd., P J Towers, Dalal Street, Mumbai. Tel No: (022) 22721234 Fax No: (022) 22721278/22722039 Stock Code: 530363

To, Corporate Communications National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051 Tel No: (022) 26598148 Fax No: (022) 26598120 Stock Code: UGARSUGAR

Sub: - News Paper Advertisements for dispatch of Notice of 80th Annual General Meeting

(AGM) along with Annual Report and e-voting information

Dear Sir,

Pursuant to Regulation 30 & 47 of SEBI (LODR) Regulation 2015 (“the Regulation”) please find enclosed herewith a copy of advertisements published in Newspapers viz. Business line (English) and Kesari (Matathi) informed, informing about completion of dispatch of notice of 80th AGM along with Annual Report for the FY-2019-20. The same also available on the Company’s website www.ugarsugar.com This is for your kind information and information of investors. Thanking you, Yours faithfully, For The Ugar Sugar Works Ltd. B G KULKARNI GM Corporate Affair & Company Secretary

................BM-BMCMYK

MUMBAI

BusinessLineSATURDAY • SEPTEMBER 5 • 2020 9NEWS

OURBUREAUNewDelhi, September4

TheCongress urged theCentreto fill up government vacan-cies to address the issuesof un-employment and the lack ofdemand in the economy. Ad-dressing reporters here in Fri-day, party spokesman GouravVallabh said the Government’srhetoric of creating crores ofjobs every year was withoutanyground results.He said the economic out-

look is bleak as the quarterlyGDP numbers indicate a con-tractionof 23.9 per cent.

‘Spendon infrastructure’“I would like to bring to yourattention that this doesn’t in-clude numbers from the in-formal sector yet. “Onceincorporated, these numberswill tell a tale far frightening,”he said.Heasked theCentre toboost

household and private spendand demand by increasing in-frastructure spend and by cre-ating sustainable jobopportunities- both in therural andurbanareas.“With a labour force of 42.8

crore where 3.6 crore are un-employed,employmentgener-ation should be the toppriority of the government atthe moment. Rural economythatwas theonlybrightspot inthe Indian economy currentlyhas seen jobs dwindling in Au-gust,” Vallabh said.

Gaps infillingvacanciesHe said the issue is two-fold.“On one hand the governmenthas been preposterously in-competent in creating jobsboth in the urban and ruraleconomy, but what’s morebizarre is the apathetic ap-proach by the NDA govern-ment towards honouring the

fulfilment of vacancies,” hesaid.CitingthecaseofRailwayRe-

cruitment Board (RRB), hesaid, though numerous noti-fications for vacancies were is-sued, virtually no action hasbeen taken. After close to ninemonths, the RRB has not comeoutwitha joiningdateandnoteven the appointment lettersfor the tests conducted to re-cruit technicians. “The num-ber of vacancies that are to befilled is 64,371,” he said.

In vacancies in Group D, hesaid there is no visibility intothe examination date after 18months.“The RRB has collected close

to ₹500 crore through the ex-amination feeandthehopesofclose to 1.16 crore applicantsare linked to these 1.03 lakh va-cancies. What is the RRB wait-ing for?” he asked.“The burden of govern-

ment’s incompetence shouldnot fall on the shouldersof ouryouth. Mind you, most of theaspirants of these examina-tions do not come from verywell-to-do backgrounds. With2.15 lakh unfulfilled vacancies,the hope of 2.15 lakh house-holds has been destroyed aswell,” he said.“When increasing demand

in the economy should havebeen your focus and lakhs ofjobs could have been added tothe economy, why have therebeennoproactive efforts to ex-pedite this timeline? Was it ill-intended or ill-executed?,” heasked.

Congress spokesperson also urges Centre tostep up infra spending to boost economy

Gourav Vallabh, Spokesperson,Indian National Congress

‘Fill up govt vacancies, createdemand’

OURBUREAUNewDelhi, September 4

The Election Commissionwill hold elections to 64 va-cant seats in various State As-semblies and oneParliament seat along withthe Bihar Assemblyelections.In a statement, the Com-

mission saidthat the an-nouncementof schedulefor the BiharAssemblyelections andthese 65 seatswill be done“at appropri-ate time.”This was

decided bythe Commission on Fridayafter reviewing reports andinputs from Chief Secretar-ies and Election Officers inmany of the States whichhad sought to defer by-elec-tions for a variety of reasons

including extraordinaryrains in some places andconstrains of the Covid pan-demic in others.

Bihar electionsConsidering the general As-sembly elections in Bihar arerequired to be completed byNovember 29, the Commis-

sion has de-cided toconduct allthe 65 by-elections andthe Biharelectionsaround thesame time,the Commis-sion said in astatement.

The state-ment adds that a majorfactor in clubbing these elec-tions is the “relative ease ofmovement of Central ArmedPolice Forces and other lawand order forces and relatedlogistics issues.”

By-polls to 65 seatswill beheldwithBihar elections: EC

MAMUNIDASNewDelhi, September4

Imagine the irony of rail wheeland axlemakers preferring roadover rail tracks tomovecompon-ents, despite the long-standingclaim of Indian Railways’ that itis the cheapest mode of trans-port— particularly for heavy,long haul traffic. But, that is ex-actly what happenedwhen SteelAuthority of India Limited, apublic sector unit, indicated toIndian Railways that sendingrailway wheels and axles wascheaper on roads than on trainsin about a one-fifth of 48 routesbetween October 2019 andMarch2020.According to a note seen by

BusinessLine, SAIL’s DurgapurSteel Plant cited to Railways thatroad freight rates were cheaperthan rail freight on a per tonnebasis formoving heavy iron andsteelcargoover longdistances in11 of the routes of 1,500-2,000km.The freight rate estimation

wasdone formovingcargo fromDurgapur steelplant to48differ-entdestinationsacross thecoun-try for three months endingDecember2019,andMarch2020,whichwas thepre-Covid-19 time.This was when the train trackswere occupied with passengertrains and freight trains did notget priority. The distances forwhich trains rates were cheaperbymorethanhalf includedshortdistances of less than400km, asper the freight comparison.

PushbyRailwaysThat this is not a one-off case be-comes clear from recent publicdeclarations of rail componentmanufacturingunits,whichsaidthey are putting extra effort tomake customers prefer rail overroad.On August 31, Rail Wheel Fact-

ory (RWF) tweeted that it con-vinced wagon builders to usetrains to transport wheelsetsfrom Bengaluru to Kolkata. Hav-ing loaded 1,663 wheelsets - in

onerakecomprising45wagons -RWF generated ₹0.75 crore forSouth Western Railway and In-dian Railways. “In several such(long distance, heavy cargo)routes, consignors prefer roadbecause of the lack of multiplehandling,” SP Singh, Senior Fel-low, Indian Foundation of Trans-port Research and Training(IFTRT), a transport researchfirm, toldBusinessLine.

That recent preference for the

road sector may now changeagain with the national trans-porter unleashing a set of newmeasures post Covid-19 as pas-senger trains stayed off thetracks.

TrendmaychangeAlso, freight trains are racing tomeetanambitious target to load50 per cent more freight thanlast year. The steps introducedsince June include discounts in

freight rates for long distance,short distance, commodities ofvarious weight, among others.Indian Railways hauled 94.33million tonne (mt) of goods inAugust 2020, clocking 3.5 percent growth y-o-y, making Au-gust the first month this fiscalwhenthe rate turnedpositive.Meanwhile, post-Covid-19, In-

dia’sroadtransportsector,afrag-mented sector that compriseslotof small truckowners, isgrap-plingas truckers struggle tofindcargo as they are highly depend-ent on small andmediumenter-prises and continuous flow oftraffic, noted Indian Foundationof Transport Research and Train-ing (IFTRT) in its latest report.This is evident from freight ratesof trucks that had increased by20 per cent in June (againstMarch)onthebackof highdieselrates and lack of drivers in sev-eral stretches after the Covid-19stuck, have dropped again inAu-gust. Experts do not expect it torecover in the festive season.

SAIL Ltd has told Indian Railways that sendingwagonwheels andaxles by road is cheaper than using rail (file photo)

When railwheels prefer to take the roadsOURBUREAUNewDelhi, September 4

A rapid Covid-19 test facility isto come up at Delhi airport bythemiddle of this month, theairport announced on Friday.It will be the first airport inthe country to have such a fa-cility, which is available at air-ports abroad, including theFrankfurt airport.The testing facility, which

will deliver results in 4-6hours, is primarily meant forincoming international flyerswho have not been able to geta Covid test done 96 hoursprior to arrival and need totake a another domestic con-necting flight.The 3,500-square-metre fa-

cility will be located in themulti-level car park of the air-port.“Until the results are con-

firmed, passengers will beisolated in thewaiting lounge

or they can opt to stay in ahotel. In case of a positive res-ult, the passenger will be pro-cessed in line with IndianCouncil of Medical Research’sprotocol by the state authorit-ies,” the airport said in astatement.

More facilities coming upAt the moment, the Ministryof Health and Family Wel-fare’s guidelines say that in-ternational arriving passen-

gers who have a RT-PCRnegative certificate, with testdone within 96 hours aheadof the journey, are exemptfrom institutional quarantineand are allowed to undertakeonward journeys by air.Speaking to the Business-

Line, Rajat Arora, Director,Genestrings DiagnosticsCentre, a Delhi-based lab withwhich the Delhi airport hastied up to launch this facility,said that the lab has beenbuilt and equipped to handleup to 2,500 samples daily. Headded that capacity will beramped up as and when theMinistry of Health and Min-istry of Civil Aviationwants it.The cost of the test is

₹2,400 as mandated by theState government. Arora saidthat Genestrings Diagnosticswas in touch with other air-ports around the country toset up such facilities there.

The facility is for incominginternational flyers who havenot been able to get a Covid testdone 96 hours prior to arrival

Delhi airport to get rapidCovidtesting facility in a fortnight

TWESHMISHRANewDelhi, September 4

Tata PowerRenewables is look-ing to expand its footprintacross generation and manu-facturing verticals, accordingto Ashish Khanna, President,Tata Power Renewables.But the company is await-

ing clarity from the govern-menton the sops formanufac-turingand the importbarriersto finalise its growth strategy.Till then, everything is “still onthe drawing board or on thePPT so to say,” according toKhanna,“We are looking for three-

four times growth in all thesegments we operate in thecoming four to five years,” hesaid. This covers rooftop solar,solar pumps, micro grid andutility scale projects, andman-ufacturing units”, he toldBusinessLine.Tata Power Renewables has

its ownmanufacturing facilityfor solar cells and modules inBengaluru. “We are expanding

it to 1.1 GW by the end of thiscalendar year. We are con-sciousof the fact that there aremoreopportunitiescominginIndia for manufacturing anddepending on the policyframework ahead, we mightgo for a proposal for green-field projects. But that will belinked to the support to themanufacturing front that thegovernment is proposing,” hesaid.

Technology turnoverKhanna said, “Unlike other in-dustries, the technologies insolar are being upgradedevery two to three years. Forexample, we upgraded theBengaluru unit three yearsago and we are upgrading itagain now. This also meansthat the payback period for in-vestments has to be muchshorter thanother industries.”Khanna said, “At this point,

any investment in a greenfieldproject of below 1 Gigawatt(GW) will be suboptimal. Now

the scales have changed andanyonewill be looking for GWexpansion.”

Level playingfieldAccording to Khanna, the gov-ernment must ensure a levelplaying field and long termpolicy clarity for solar manu-facturing facilities to thrive inthe country. This also includesnot erecting trade barriersagainst manufacturing unitsthat may lie within SpecialEconomic Zones (SEZ).Reacting to a question of

how competitors to TataPower Renewables aregrabbing more headlineslately, Khanna said, “I am con-fident that today we are thelargest engineering, procure-ment, and construction (EPC)player in the country. As wespeak, we have 2.65 GW of op-erating assets. In totality, wehave around 4.1 GW of ourown, in-pipeline, or commis-sioned plants.”Responding to queries on

the price regime and howsome competitors havebagged projects at very ag-gressive tariffs, Khanna said,“We have been successful re-cently in a bid of NTPC, andweare expecting the letter of in-tent from them soon. We havebeensuccessful inGujaratUrjaVikas Nigam Dholera tenders,winning a cumulative capa-city of 400MW. Even inhybridtenders we have won 225 MW,it is at the lowest tariff for hy-brid power till date in thiscountry.”

TataRenewables hopes to quadruple growth in5 years

Technology in solar sector isbeing upgraded everytwo-three years

OURBUREAUChennai, September 4

American Express Data Analyt-ics, Risk and Technology(DART) Laboratory was inaug-urated at the Indian Instituteof Technology Madras onThursday.

In a press release, IIT-M saidthe lab will establish itself as aworld-class hub of research inrisk analytics and behaviouralsciences by leveraging ma-chine learning/artificial intel-ligence and related technolo-gies.

The lab was establishedthrough a grant by AmericanExpress to promote talent anddiversity in technology. Amer-ican Express has also insti-tuted annual scholarships foreconomically-disadvantagedand meritorious students, in-cluding ‘Ambition Awards’ fordeserving women students atIIT-M.

AmericanExpresssets updataanalytics labat IIT-Madras ANILURS

Bengaluru,September4

The Centre for Cellular andMo-lecular Platforms (C-CAMP) hassigned a pact with the IndiaSweden Healthcare InnovationCentre(ISHIC)tojointlyidentifyandnurture frugal innovationsandmakequality healthcare af-fordableandaccessible.“The collaboration with the

Swedish ecosystem is aimed atbuilding a strong crop of bio-pharmaceuticals,medtech, dia-gnostics, nutraceuticals andother healthcare interventionsin India, for India, andbeyond,”said Taslimarif Saiyed, C-CAMPCEOandDirector.The partnership, which ex-

tends to ISIC Innovation Chal-lenge 2020, is looking to drivesweeping changes in thehealthcare delivery system inIndia by providing an innova-tionplatformfor ‘continuumofcare’, encompassing dia-gnostics, palliative care andtherapeutic interventions.“Healthcare is a universal is-

sue not restricted by boundar-ies. C-CAMP is working towardssolving pressing healthcareproblemsinclosecollaborationwith global partners. This MoUwith ISHICisastep inthatdirec-tion.,” saidSaiyed.Anders Tofte, Trade Commis-

sioner of Sweden, said “Innova-tion and collaborations need aforward-looking culture. OurvisionforISHICisreflectedcom-pletelybyC-CAMP..”

C-CAMP, ISHIC topartneronfrugal innovations inhealthcare

OURBUREAUChennai, September 4

Vice-President of India, MVenkaiah Naidu on Fridaycalled for a well-planned col-lective action to ensure ad-equate nutrition and a posit-ive caring environment forchild development in orderto take full advantage ofdemographic dividend.

“Child developmentshould be the foundation ofour development architec-ture,” he said while releasingThe State of Young Child in In-dia report, a comprehensiveaccount of the challenges re-lated to early child develop-ment in India, prepared byMobile Creches and pub-lished by Routledge an im-print of Taylor & FrancisGroup.

Taylor & Francis Group,Bernard van Leer Foundation,The Hindu Centre for Politicsand Public Policy, Tata Trusts,HCL Foundation, and NCML,were the collaborators for therelease of the inaugural issueof the above report.

Lauding the efforts in pre-paring the report, Naidustated in the online event,that such reports would helpin policy formulation by de-veloping a greater under-standingof the shortcomingsand urgent needs of the chil-dren.

Poor nutrition hampersphysical as well as intellec-tual development of chil-dren. It will would makethem vulnerable to illnessand affect their performancein school. “We need to under-stand the crucial importanceof this aspect of national de-velopment and take effectivesteps to ensure all childrenhave a healthy start to theirlives”, he added.

Childcare concernsOf the 159 million childrenagedbelow6 years in India, 21per cent is undernourished,36 per cent is underweightand 38per cent of childrendonot receive full immunisa-tion, according to the report.

“These figures underline

the crucial importance to in-vest in early childhood forrealising the full potential inlater years”, he stated.

The Vice President said In-dia has made considerableprogress over the years inchild welfare. While the Gov-ernment of India has intro-duced several comprehensivepolicies and flagship pro-grammes such as RashtriyaBal Swasthya Karyakram(RBSK) and Beti Bachao BetiPadhao (BBBP), among othersfor Early Childhood Develop-ment, the need of the hour isto implement them effect-

ively through proper co-ordination among variousministries. The report releasewas followed by a panel dis-cussion on “A Better Futurefor India's Young Children:Beyond the Pandemic.”

Expert panelPanelists included PronabSen, Former Chief Statisticianof India; N Ram, former Ed-itor-in-Chief, The Hindu; UmaMahadevan, Principal Secret-ary, Panchayati Raj Depart-ment, Government ofKarnataka; Anu Garg, Prin-cipal Secretary, Women andChild Development, Govern-ment of Odisha; Yasmin AliHaque, Representative,UNICEF India; and VimalaRamachandran, Researcher,Education Specialist, and au-thor of Technical BackgroundPaper for the Report. Themembers discussed the im-pact of Covid-19 pandemic onpoor andmarginalised famil-ies and their children and theneed for all stakeholders tocome together to help them.

Vice PresidentM Venkaiah Naidu

V-P calls for joint actionon child development

V RISHI KUMARHyderabad, September 4

The National Company LawTribunal, Hyderabad has ap-proved the resolution planfor Sai Lilagar Power Gener-ation Ltd, part of the KSKGroup.The ₹85-crore resolution

plan was presented by In-dermani Mineral IndiaPrivate Limited after thedebtor Axis Bank draggedthe 86 MW power companyto NCLT for defaulting onpayments.Its dues are ₹387.88 crore.

Along with various duesand interest, the total pay-ment is estimated at ₹1,167crore.The resolution plan in-

volves ₹ 2 crore upfrontpayment, the rest of thefunds will be repaid over 15years at 9 per cent interestrate.

NCLTclears₹85-crresolutionplan forSai LilagarPower

BL Mumbai / 1 States_01 User: 1049 21:31:12 Replate Reason: