Dhampur Bio Organics Limited is an integrated sugarcane processing companies which demerged from Dhampur sugar Mills Ltd listed in Sept 2022. Their products include ethanol and Domestic spirits (Country Liquor).
CARE Ratings reaffirmed Dhampur Bio Organics' (DBOL) credit ratings. Long-term bank facilities (₹987.05 Cr) are rated CARE BBB+, with outlook revised from Stable to Positive, anticipating improved financial health via debt reduction from an asset sale. Short-term bank facilities (₹75.00 Cr) are reaffirmed at CARE A2.
Sonitron Limited, a promoter group entity of Dhampur Bio Organics, acquired 40,000 equity shares via open market purchase. This transaction increases their stake from 1,14,80,499 shares (17.293%) to 1,15,20,499 shares (17.353%). The approximate value of shares acquired is Rs. 0.04 Cr.