Dhampur Bio Organics Board Approves Slump Sale, JV, and Director Changes

Dhampur Bio Organics Ltd. announced key decisions from its Board Meeting held on April 20, 2026. The company approved the slump sale of its Meerganj Unit to Forever Global Enterprises Limited for an undisclosed consideration, subject to shareholder approval. Additionally, a joint venture with Orgonew Private Limited for functional food products was authorized. The board also approved changes in directorships, including the transfer of Mr. Sandeep Kumar's designation and the appointment of Mr. Nalin Kumar Gupta as Whole Time Director, both effective May 5, 2026. An Extra Ordinary General Meeting is scheduled for May 18, 2026, to seek necessary shareholder approvals. The Meerganj Unit contributed 15.52% of the company's total turnover of ₹2714.40 Crores in the last financial year.