Dalmia Bharat Sugar and Industries Limited — Others, 07-01-2025: Copy of Newspaper Publication

Dalmia Bharat Sugar and Industries Limited has announced a board meeting on February 8, 2025, to discuss the Scheme of Arrangement with Dalmia Bharat Refractories Limited. Meetings for equity shareholders, and both secured and unsecured creditors have been scheduled to consider and potentially approve this scheme. Notably, this decision comes in response to an order from the National Company Law Tribunal, indicating a significant operational shift for the company. Investors may view this as a potential opportunity, but should remain cautious regarding the implications of the arrangement on financial and governance aspects moving forward.