Balrampur Chini Mills Limited expanded its 'Bioyug On Wheels' sustainability campaign to the Shree Somnath Temple in Somnath, Gujarat, on July 10, 2026, promoting compostable bioplastics as alternatives to conventional plastics. The activation, hosted in the temple parking area, targeted thousands of devotees and tourists visiting the Plastic-Free Zone. This initiative follows previous engagements at Shri Ram Mandir in Ayodhya, Rajkot, and Junagadh, reinforcing the company's mission to mainstream Poly Lactic Acid (PLA) bioplastics derived from sugarcane feedstock.

The campaign featured interactive demonstrations, product displays, and educational exhibits to explain the lifecycle and environmental advantages of bio-based materials. Shri VijaySinh Chavda, General Manager of Somnath Trust, visited the exhibition and interacted with the team, underscoring the importance of sustainable alternatives in high-footfall public spaces. The event highlighted how responsible material choices can support cleaner environments while preserving the sanctity of cultural heritage sites.

Avantika Saraogi, Executive Director of balrampur chini mills , emphasized the potential for sacred places to lead by example in adopting environmentally responsible solutions. She noted that Bioyug PLA bioplastics offer commercially viable applications for items such as water bottles, cutlery, prasad boxes, and garbage bags, contributing to a reduction in plastic waste.

A recent study by a premier government research institution was cited to support the environmental viability of PLA bioplastics. The findings highlighted the material's role in advancing a circular economy, confirming its ability to break down safely compared to traditional plastics.

Balrampur Chini Mills Limited is one of the largest integrated sugar companies in India, with ten sugar factories across Uttar Pradesh. The company operates an aggregate crushing capacity of 80,000 TCD, distillery operations of 1050 KLPD, and power cogeneration capacity of 175.7 MW (saleable). It is currently establishing India's first PLA plant with a capacity of 80,000 TPA.

Balrampur Chini Mills Limited has received trading approval from the National Stock Exchange of India Limited and BSE Limited for 93,16,771 equity shares allotted on a preferential basis to promoters and non-promoters. The shares, issued at a price of ₹483 per share, including a premium of ₹482 per share, will be listed and admitted to dealings on the exchanges starting July 1, 2026. The allotment, totaling ₹450 crores, was approved by shareholders in an Extraordinary General Meeting held on May 20, 2026.

The National Stock Exchange of India Limited issued reference number NSE/LIST/55999, while BSE Limited issued reference number LOD/PREF/JW/5/2026-2027. The shares bear distinctive numbers ranging from 260649654 to 269966424. The company must ensure compliance with Regulation 167 of SEBI (ICDR) Regulations and file the shareholding pattern in XBRL mode if the change in paid-up capital exceeds two percent.

Lock-in Details

A portion of the allotted shares is subject to a lock-in period ending December 31, 2026, while the remaining shares are locked in until December 31, 2027.

Key Allotment Details

Promoters Vivek Saraogi and Sumedha Saraogi, along with Meenakshi Mercantiles Limited, subscribed to a significant portion, while non-promoter investors included Tata Small Cap Fund, IKIGAI Emerging Equity Fund, and schemes from ICICI Prudential Mutual Fund.