Balrampur Chini Mills , a prominent player in the Indian sugar industry, is facing a significant financial challenge as the Uttar Pradesh government reinstates import and export fees on denatured alcohol. The company has disclosed that it now faces charges amounting to ₹218.1 million (₹21.81 crore) due to this regulatory change.

Regulatory Background

The reinstatement of these fees comes in the wake of a Supreme Court order dated October 23, 2024, which upheld the state's authority to levy import and export fees on denatured alcohol. Following this ruling, the Assistant Excise Commissioner of Uttar Pradesh issued a letter on July 15, 2025, revoking a 2018 order that had previously suspended these fees.

Retrospective Implementation

In a significant move, the Uttar Pradesh Excise Department has decided to impose these charges retrospectively. The fees cover the period from the financial year 2019-2020 up to July 15, 2025, affecting Balrampur Chini Mills' operations, particularly at its Gularia unit.

Financial Impact

The company has reported the following details regarding the financial implications:

Company's Response

Balrampur Chini Mills has stated that it will contest these charges. The company's management has indicated that they are evaluating legal recourse options and plan to approach appropriate forums to address this matter.

Disclosure and Compliance

In compliance with SEBI regulations, Balrampur Chini Mills has made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Company Secretary and Compliance Officer, Manoj Agarwal, signed the official communication to the stock exchanges.

While the company maintains that there is no material impact financially, operationally, or otherwise, except for the charged amount, the situation remains fluid. Investors and stakeholders will likely be watching closely to see how this regulatory challenge unfolds and its potential impact on Balrampur Chini Mills' future operations and financial health.

Balrampur Chini Mills , a leading sugar producer in India, has made a groundbreaking move into the eco-friendly products sector with the launch of 'Balrampur Bioyug'. This new brand is being hailed as India's first PLA (Polylactic Acid) biopolymer, marking a significant milestone in the country's sustainable materials industry.

What is PLA?

PLA, or Polylactic Acid, is a biodegradable and biocompatible material derived from renewable resources. Unlike traditional plastics, PLA offers a more environmentally friendly alternative, as it can decompose naturally without leaving harmful residues.

Diversification into Eco-Friendly Products

The introduction of 'Balrampur Bioyug' represents a strategic diversification for Balrampur Chini Mills. By venturing into the production of biodegradable materials, the company is positioning itself at the forefront of the growing demand for sustainable alternatives to conventional plastics.

Implications for the Industry

This move by Balrampur Chini Mills could potentially spark a shift in the Indian manufacturing sector towards more sustainable practices. As the first domestic PLA biopolymer brand in India, 'Balrampur Bioyug' may pave the way for increased adoption of biodegradable materials across various industries.

Looking Ahead

The launch of this product line demonstrates Balrampur Chini Mills' commitment to innovation and sustainability. As environmental concerns continue to grow globally, the company's foray into eco-friendly materials could prove to be a significant step in its long-term growth strategy.

Investors and industry observers will likely be watching closely to see how this new venture performs and whether it will open up new revenue streams for the traditionally sugar-focused company.