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Dwarikesh Sugar Industries LimitedOthers, 21-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

21-07-2025 | 04:26 pm

Dwarikesh Sugar's Dwarikesh Dham unit has been directed by the Uttar Pradesh Excise Department to pay 0.79 Cr for import/export fees on denatured spirit (power alcohol). This retrospective levy of ₹1 per bulk litre covers FY 2018-19 to FY 2024-25. The demand follows a Supreme Court order upholding the state's authority to levy such fees, reversing a previous departmental interpretation. Dwarikesh Sugar is reviewing the implications and will pursue legal recourse. While a financial outflow, the company states there is no material operational impact.

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