Dhampur Bio Organics Limited has published its Extraordinary General Meeting notice in Business Standard on April 25, 2026, confirming the EGM scheduled for Monday, May 18, 2026, at 4:00 PM IST through video conferencing. The meeting seeks shareholder approval for strategic business decisions including a major business transfer worth ₹305.00 crores and key leadership changes.

Business Transfer Proposal

The board proposes to transfer the Meerganj sugar manufacturing unit located at Bareilly, Uttar Pradesh, to Forever Global Enterprises Limited on a slump sale basis for a lump sum consideration of ₹305.00 crores. The transfer includes all assets and liabilities of the unit as a going concern, based on an independent valuer's report. The Meerganj unit contributes 15.52% to the company's total turnover, representing ₹423.24 crores out of ₹2,714.40 crores as per audited financial statements for March 31, 2025.

The board believes the transfer will enable the company to focus on high-margin value-added businesses, become cash surplus and net debt free, and improve overall financial efficiency. The sale proceeds will primarily be used to repay and optimise company debts and maintain financial corpus for future growth opportunities.

Leadership Changes

Mr. Sandeep Kumar, currently Whole-time Director, will transition to Non-Executive Non-Independent Director effective May 5, 2026, upon completion of his tenure. He brings over 45 years of experience in operations, projects, and administration.

Mr. Nalin Kumar Gupta, currently Chief Financial Officer, has been appointed as Additional and Whole-time Director for a three-year term from May 5, 2026, to May 4, 2029. A Chartered Accountant with around 30 years of experience, he has been associated with the company for more than 25 years.

Proposed Remuneration Package

The board has proposed the following annual remuneration for Mr. Nalin Kumar Gupta as Whole-time Director:

Additional benefits include leave encashment, leave travel allowance, performance-linked variable pay, ESOP, provident fund, and gratuity as per company policy and applicable laws. The remuneration package includes provisions for annual increases of up to 10%.

EGM and Voting Details

The company has completed electronic dispatch of the EGM notice to shareholders on Friday, April 24, 2026. The remote e-voting period commences on Thursday, May 14, 2026, at 9:00 AM and concludes on Sunday, May 17, 2026, at 5:00 PM. Shareholders whose names appear in the Register of Members as of the cut-off date of May 11, 2026, are eligible to vote.

The EGM will be conducted through VC/OAVM without physical attendance, in compliance with MCA and SEBI circulars. The business transfer requires approval through a special resolution under Section 180(1)(a) of the Companies Act, 2013, and Regulation 37A of the SEBI Listing Regulations. The leadership appointments require ordinary and special resolutions as applicable. The scrutinizer for the EGM is Mr. Saket Sharma, Partner, M/s GSK & Associates.

Dhampur bio organics Limited has submitted its quarterly compliance certificate under SEBI Depositories and Participants Regulations for the quarter ended March 31, 2026. The certificate was filed with both BSE Limited and National Stock Exchange of India on April 07, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This quarterly filing is a standard regulatory requirement for listed companies to confirm the status of their share holdings.

Share Dematerialization Status

Alankit Assignments Limited, serving as the company's Registrar and Share Transfer Agent, provided confirmation regarding the share holding status. The certificate dated April 01, 2026, contains a crucial confirmation about the company's share structure.

The registrar confirmed that there are no holdings of shares in physical form in the company as of March 31, 2026. This indicates complete dematerialization of the company's share capital, with all shares held in electronic format through depositories.

Key Participants

The filing was signed by Ashu Rawat, Company Secretary and Compliance Officer of Dhampur Bio Organics Limited. The confirmation certificate from the registrar was signed by Kamal Garg, General Manager at Alankit Assignments Limited.

This quarterly compliance filing demonstrates the company's adherence to SEBI regulations and confirms the complete electronic holding of its share capital, eliminating any physical share certificates in circulation.