Dhampur Bio Organics Approves Sugar Unit Sale, JV

Dhampur Bio Organics Ltd. announced key strategic decisions following its Board Meeting on April 20, 2026. The company approved the slump sale of its sugar factory in Meerganj, Bareilly, to Forever Global Enterprises Limited, with the transaction contributing 15.52% (₹423.24 Crores) to the company's total turnover of ₹2714.40 Crores as of March 31, 2025. Additionally, the board greenlit a joint venture with Orgonew Private Limited for functional food products. The meeting also saw approvals for management changes, including Mr. Sandeep Kumar's transition to Non-Executive Director and Mr. Nalin Kumar Gupta's appointment as Additional and Whole Time Director, both effective May 5, 2026. Amendments to the Risk Management and CSR Committees were also approved. An Extra Ordinary General Meeting is scheduled for May 18, 2026.