Dhampure Specialty Sugars Ltd — Important, 11-05-2026: Company Update

Dhampure Speciality Sugars' Board has approved the allotment of 8,80,000 share warrants on a preferential basis, raising 9.328 Cr. The company received an upfront payment of 2.33 Cr for these warrants, which were issued at Rs. 106 each (including a Rs. 96 premium). These warrants, allotted to promoters and the promoter group, are convertible into one equity share of Re. 10 face value each within 18 months, upon payment of the remaining 75% of the issue price. This move brings in capital and strengthens promoter commitment.