StockWatch
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Sugar
Business Update26 May 2026, 10:56 am

Dalmia Bharat Sugar to Add Biofuel Production to Business

AI Summary

Dalmia Bharat Sugar and Industries Ltd's Board of Directors approved altering the Objects Clause of the Memorandum of Association to include manufacturing, processing, and dealing in biofuels and renewable fuels. This decision, made on May 26, 2026, is subject to shareholder approval via a Special Resolution and registration by the Registrar of Companies. The company aims to produce bio-methanol, bio-ethanol, sustainable aviation fuel (SAF), and other biofuels, as well as engage in research, development, and commercialization of green hydrogen and renewable chemicals.

Key Highlights

  • Dalmia Bharat Sugar to manufacture and trade various biofuels.
  • Company to research and develop green hydrogen and renewable chemicals.
  • Board approved the alteration of Objects Clause, subject to shareholder approval.
  • New sub-clause 4a added under Clause III (A) of Memorandum of Association.