Balrampur chini mills Limited's PLA vertical, Balrampur Bioyug, has achieved a significant milestone by securing its first institutional order from the Lucknow Cantonment Board. This development marks a crucial step forward for India's emerging bio-based materials ecosystem and demonstrates growing institutional confidence in sustainable alternatives to traditional plastics.

Order Details and Product Range

The comprehensive order from the Lucknow Cantonment Board includes multiple categories of compostable products manufactured from renewable Polylactic Acid:

Strategic Significance for Defence Establishments

The Lucknow Cantonment Board, spanning 6,760 acres, operates as a statutory body under the administrative control of the Director General of Defence Estates, Ministry of Defence, Government of India. This procurement positions the board as one of the first defence-linked institutions to formally integrate compostable PLA solutions into operational use.

The order builds upon the Lucknow Cantonment Board's existing sustainability initiatives, including its partnership with IIT Kanpur to develop a waste- and carbon-neutral ecosystem and active participation in the nationwide Swachhata Hi Seva campaign.

Manufacturing Milestone and Timeline

Significantly, this institutional order comes ahead of the commissioning of India's first domestic industrial-scale PLA manufacturing unit. The facility, built by Balrampur Chini Mills Limited at Kumbhi, Uttar Pradesh, is scheduled for commissioning in October 2026. This timing reflects strong institutional confidence in indigenous bio-based innovation capabilities.

World Environment Day Initiative

To commemorate World Environment Day on 5 June, Bioyug and the Lucknow Cantonment Board will jointly host a ceremonial event within the Lucknow Cantonment area. The event will formalize the large-scale adoption of PLA-based bioplastics in routine institutional use, with participation from Ministry of Defence representatives and other key stakeholders.

Leadership Perspectives

Shri Abhishek Rathour, CEO of Lucknow Cantonment Board, emphasized the organization's systematic approach to sustainability: "Lucknow Cantonment Board has systematically strengthened waste management practices and enforced a ban on single-use plastic items to reduce our carbon footprint. The adoption of PLA-bioplastic items into routine operational frameworks reflects our commitment to embedding sustainability into everyday governance and aligning defence establishments with India's long-term climate and circular economy goals."

Ms. Avantika Saraogi, Executive Director of Balrampur Chini Mills Limited, highlighted the broader implications: "This order from the Lucknow Cantonment Board represents more than a procurement milestone as it signals institutional trust in India's emerging biopolymer capabilities. The adoption of compostable PLA products across operational categories demonstrates that sustainable materials are no longer experimental alternatives, but credible, performance-oriented solutions for large-scale institutional use."

Balrampur chini mills Limited has issued a regulatory communication to shareholders regarding the non-credit of interim dividend payments for Financial Year 2025-26. The company filed this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on 19th February, 2026.

Dividend Declaration Details

The Board of Directors declared an interim dividend at their meeting held on 11th November, 2025. The dividend payment specifics are outlined below:

Payment Issues and Resolution

The company successfully credited dividends to eligible shareholders on 1st December, 2025. However, certain dividend payments were returned unpaid by banks due to incorrect or incomplete bank account details in the company's records. The affected dividend amounts are currently lying unpaid with the company and will be released immediately upon receipt and verification of requisite documents.

Required Documentation for Dividend Release

For Dematerialised Shareholders:

• Latest Client Master List (CML) from Depository Participant with updated bank details
• Self-attested copy of PAN Card
• Self-attested copy of Aadhaar Card

For Physical Shareholders:

• Form ISR-1 with supporting KYC documents
• Form ISR-2 with banker's signature attestation and cancelled cheque
• Form SH-13 for nomination updates or ISR-3 for nomination opt-out

Registrar and Transfer Agent Details

Shareholders must submit the required documents to KFin Technologies Limited at their Hyderabad office:

Regulatory Compliance and Shareholder Appeals

The company emphasized compliance with amended SEBI regulations mandating electronic dividend payments based on valid bank account details. The communication also included appeals to shareholders regarding:

• Updating PAN, KYC details, and bank account information
• Dematerialization of physical shares as mandated by SEBI
• Special window for transfer and dematerialization open from 5th February, 2026 to 4th February, 2027
• Letter of Confirmation submissions before 2nd April, 2026

The company expressed regret for the inconvenience caused and requested shareholder cooperation in updating their records to ensure seamless future dividend credits.