Dhampure Speciality Sugars Limited has scheduled an extraordinary general meeting for March 18, 2026, to seek shareholder approval for its previously announced preferential issue of 8,80,000 fully convertible equity warrants worth ₹9.33 crore.

EGM Details and Voting Schedule

The company has formally notified BSE Limited about the extraordinary general meeting, which will be held at 1:30 PM (IST) at the registered office in Village Pallawala, Tehsil Dhampur, Bijnor, Uttar Pradesh. The meeting follows the board's approval on February 19, 2026, for the warrant issue to promoters and promoter group members.

Warrant Issue Structure

The board has approved the issuance of up to 8,80,000 fully convertible equity warrants at ₹106 per warrant, including a premium of ₹96. The warrants carry an 18-month conversion period from the date of allotment and are priced in accordance with SEBI ICDR Regulations.

Proposed Allottee Distribution

The warrant allocation is evenly distributed among four promoter and promoter group members, with each receiving 2,20,000 warrants.

Fund Utilization Plan

The company plans to utilize the gross proceeds from the warrant issue across multiple business areas, with capital expenditure receiving the largest allocation.

Voting and Compliance Procedures

Shareholders can participate through remote e-voting from March 15-17, 2026, or vote at the physical meeting. The company has appointed Mrs. Uma Verma as the scrutinizer to ensure fair and transparent voting processes. Members holding shares as of the record date of March 11, 2026, are eligible to participate.

The warrant issue requires approval through a special resolution, and the company has obtained an independent valuation report confirming the pricing at ₹105.66 per share, supporting the proposed issue price of ₹106 per warrant.

Source: Company Filing

Dhampure Speciality Sugars Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating robust operational performance and significant profit growth. The company's Board of Directors approved the results during their meeting held on February 10, 2026.

Strong Quarterly Performance

The company delivered exceptional results for Q3FY26, with consolidated net profit reaching ₹204.36 lakh compared to ₹73.38 lakh in Q3FY25, marking a substantial 178.5% year-on-year growth. Revenue from operations increased by 43.1% to ₹1635.15 lakh from ₹1142.40 lakh in the corresponding quarter of the previous year.

Nine-Month Financial Highlights

For the nine-month period ended December 31, 2025, the company maintained strong momentum with consolidated net profit of ₹495.97 lakh, representing a 107.6% increase from ₹238.92 lakh in the same period of the previous year. Revenue from operations grew substantially to ₹4107.98 lakh compared to ₹2685.54 lakh in the corresponding nine-month period of FY25.

Standalone vs Consolidated Results

The company's standalone results for Q3FY26 showed net profit of ₹193.96 lakh compared to ₹64.45 lakh in Q3FY25, while standalone revenue from operations reached ₹1564.18 lakh versus ₹1043.81 lakh in the previous year. For the nine-month period, standalone net profit stood at ₹468.68 lakh compared to ₹265.61 lakh in the corresponding period of FY25.

Earnings Per Share Performance

The company reported basic earnings per share of ₹2.34 for Q3FY26 compared to ₹0.93 in Q3FY25 on a consolidated basis. For the nine-month period, basic EPS reached ₹5.68 compared to ₹3.02 in the previous year. The paid-up equity share capital stood at ₹873.12 lakh with a face value of ₹10 per share.

Corporate Developments

During the Board meeting held on February 10, 2026, the directors approved the appointment of Mr. Shyam Sharma, having membership number A78521, as Company Secretary and Compliance Officer of the company. The Board meeting commenced at 2:00 PM and concluded at 5:20 PM, with the financial results being published in newspapers as per regulatory requirements.

Operational Efficiency

The company's cost management remained effective with cost of material consumed at ₹996.90 lakh for Q3FY26 compared to ₹742.61 lakh in Q3FY25. Employee benefit expenses increased to ₹102.76 lakh from ₹106.39 lakh, while other expenses rose to ₹230.87 lakh from ₹219.64 lakh in the corresponding quarter of the previous year. The company maintained minimal finance costs at ₹0.11 lakh for the quarter.