Dhampur Bio Organics Ltd
Dhampur Bio Organics Strategic Shift: Sells Sugar Unit for ₹305 Crore, Forms Functional Foods JV
• Sold Meerganj sugar factory to Forever Global Enterprises for ₹305 crore
• Meerganj unit contributed ₹423.24 crore (15.52%) to total turnover of ₹2,714.40 crore
• New joint venture formed with Orgonew Private Limited for functional food products (74% ownership)
• Management changes: Sandeep Kumar redesignated to Non-Executive Director, Nalin Kumar Gupta appointed as CFO
• Board committees reconstituted for Risk Management and CSR