The Board of Directors of Dhampur Bio Organics Limited met on April 20, 2026, to approve the strategic slump sale of its Meerganj sugar factory to Forever Global Enterprises Limited for a consideration not exceeding ₹305 Crore. This unit contributed approximately 15.52% to the company’s total turnover as of March 31, 2025. The meeting also marked the approval of a new Joint Venture with Orgonew Private Limited to develop and market phyto bio-active functional food products.

Dhampur Bio Organics Limited (DBOL) entered into a Business Transfer Agreement on April 20, 2026, for the disposal of its Meerganj Unit, which is expected to be completed within 60 days. This transaction is outside the Scheme of Arrangement and complies with Regulation 37A of Listing Regulations. Additionally, the company is undergoing leadership changes with Mr. Nalin Kumar Gupta being appointed as an Additional and Whole Time Director effective May 05, 2026, while Mr. Sandeep Kumar transitions to a Non-Executive Director role.

Dhampur Bio Organics is a leading integrated cane processing company in India, operating manufacturing facilities in Asmoli, Mansurpur, and Meerganj. The company specializes in value-added sugar manufacturing and bio-energy production, with a crushing capacity of 29,500 TCD and 95.5 MW of renewable energy capacity. In early 2026, DBOL successfully resumed full operations at its Mansurpur unit following disruptions in late 2025. Furthermore, the company recently received approval to incorporate a wholly-owned subsidiary in the UAE with an initial investment of $2 million to handle trading and distribution of sugar and FMCG products.

For the quarter ended March 31, 2025, the company reported a total income of ₹703.80 crores, showing a 17.37% growth compared to ₹599.66 crores in the corresponding quarter of the previous year. Net profit for this period stood at ₹44.80 crores, a significant improvement from the ₹39.41 crores recorded in March 2024. Notable shareholders in the company include Sonitron Limited and Shudh Edible Products Private Limited, which hold 17.28% and 16.9% respectively. InvestingPro’s fair value analysis in 2025 identified the stock as significantly undervalued, leading to a substantial 60% return for investors by April 2026.