Dalmia Bharat Sugar and Industries Limited — Others, 08-02-2025: Shareholders meeting

Dalmia Bharat Sugar and Industries Limited held a meeting for its equity shareholders to discuss a Scheme of Arrangement with Dalmia Bharat Refractories Limited, as directed by the NCLT. Although only 111 out of the required 4,700 shareholders attended, this constituted a quorum. CEO Pankaj Rastogi presented the scheme's rationale and benefits, with CFO Piyush Gupta addressing shareholder queries. E-voting will continue post-meeting for another 15 minutes, and results will be published shortly. This development could enhance operations and shareholder value, indicating a potentially positive outlook for investors.