Dalmia Bharat Sugar & Industries Limited (DBSIL) has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with the completion of a significant corporate restructuring.

Demerger of Non-Core Businesses

The company has successfully completed the demerger of its non-core refractory and travel agency businesses into Dalmia Bharat Refractories Limited. The National Company Law Tribunal approved the scheme on September 12, 2025, with an appointed date of July 1, 2023. This strategic move is expected to allow DBSIL to focus more on its core sugar and distillery operations.

Financial Impact of Demerger

As a result of the demerger:

• Revenue from operations decreased by ₹1.99 crores for the quarter ended June 30, 2025
• Assets decreased by ₹189.03 crores
• Liabilities decreased by ₹35.16 crores as of the appointed date

Financial Highlights

While specific revenue and profit figures for Q2 2025 were not provided, the company's financial position includes:

• Inventories of ₹444.60 crores
• Cash and cash equivalents of ₹214.41 crores

Corporate Governance

The board meeting for approving these results was held on November 4, 2025. The financial results were approved after recommendation by the audit committee, demonstrating the company's commitment to proper corporate governance practices.

Outlook

The demerger of non-core businesses may allow Dalmia Bharat Sugar & Industries to streamline its operations and focus on its primary sugar and distillery segments. Investors and analysts will be keenly watching how this restructuring impacts the company's performance in the coming quarters.

It's important to note that without specific comparative figures for the current quarter, it's challenging to assess the company's year-over-year performance or provide detailed analysis of revenue growth and profitability changes.

Stakeholders should look forward to more detailed disclosures and management commentary to better understand the company's strategic direction and financial health post-demerger.

Dalmia Bharat Sugar & Industries has announced the completion of its demerger scheme with Dalmia Bharat Refractories Limited (DBRL), marking a significant corporate restructuring for the company. The scheme became effective on October 9, following the filing of the National Company Law Board Chennai Bench order with the Registrar of Companies.

Key Details of the Demerger

The demerger involves the following crucial aspects:

Implications for Shareholders

The record date of October 31 is crucial for shareholders of Dalmia Bharat Sugar & Industries. This date will determine the eligibility of shareholders to receive shares in the resulting company, Dalmia Bharat Refractories Limited, as per the demerger scheme.

Corporate Action Timeline

1. Scheme Approval: The scheme was approved by the Hon'ble National Company Law Board, Chennai Bench, on September 12.
2. Effective Date: The scheme became effective on October 9, upon filing the order with the Registrar of Companies.
3. Record Date: Set for October 31, to identify eligible shareholders for share allotment in DBRL.

This corporate action represents a significant step for Dalmia Bharat Sugar & Industries, potentially impacting its business structure and shareholder value. Investors and market watchers will be keenly observing the implementation of this demerger and its effects on both the demerged and resulting companies.

Shareholders of Dalmia Bharat Sugar & Industries should take note of the record date and expect further communications from the company regarding the share allotment process in Dalmia Bharat Refractories Limited.