Dhampur Bio Organics Completes Meerganj Unit Slump Sale, Receives ₹305 Crore Consideration

Dhampur Bio Organics has completed the slump sale of its Meerganj unit to Forever Global Enterprises Limited and received the purchase consideration of ₹305 crores. The transaction concluded on June 18, 2026, following the execution and registration of the conveyance deed, formally transferring the sugar factory located in Bareilly, Uttar Pradesh, as a going concern.

Transaction Details

The key parameters of this divestiture are outlined below:

Parameter:	Details
Seller:	Dhampur Bio Organics
Buyer:	Forever Global Enterprises Limited
Asset Divested:	Meerganj Unit (Sugar Factory)
Transaction Value:	₹305 crores
Completion Date:	June 18, 2026
Documentation Status:	Conveyance deed executed and registered
Consideration Status:	Received

Completion of Asset Sale

The registration of the conveyance deed marks the formal and legal completion of the slump sale, with Dhampur Bio Organics also confirming receipt of the full purchase consideration of ₹305 crores. This finalization confirms that all requisite procedural and regulatory steps associated with the transfer of the unit have been fulfilled. The sale to Forever Global Enterprises Limited represents a significant corporate transaction for Dhampur Bio Organics, with the asset changing hands and the consideration successfully received.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.98%	+3.50%	+6.09%	+49.38%	+48.41%	-30.79%

Dhampur Bio Organics Limited has accepted the resignation of Sarabjit Saini from the position of Vice President – Operations, effective June 15, 2026. The resignation, tendered due to personal reasons, was effective from the close of business hours on the said date. This development impacts the company's operational leadership at its Meerganj unit.

The intimation was submitted to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Resignation Details

The company provided the following specifics regarding the change in senior management personnel:

Sr. No.	Particulars	Details
1	Reason for change	Resignation
2	Date of cessation	w.e.f. to the close of business hours of June 15, 2026
3	Brief Profile	Not Applicable
4	Disclosure of relationship between Directors	Not Applicable

Sarabjit Saini served as the Unit Head, Meerganj (Vice President – Operations). The resignation letter was addressed to the Managing Director, with a copy marked to the Chief Human Resource Officer. The company has requested the exchanges to take the information on record.