Dhampur Bio Organics has finalized the slump sale of its Meerganj sugar factory to Forever Global Enterprises Limited for ₹305 crore. The deal, concluded on June 18, 2026, follows an April 20, 2026 agreement. This divestment brings significant liquidity for the company.

Dhampur Bio Organics Sells Meerganj Sugar Unit for ₹305 Crore

Dhampur Bio Organics Ltd. has successfully completed the slump sale of its sugar factory located in Meerganj, Bareilly, Uttar Pradesh. The buyer is Forever Global Enterprises Limited.

The transaction value stands at ₹305 crore, with the completion date marked as June 18, 2026. This follows a Business Transfer Agreement signed on April 20, 2026, and the registration of the conveyance deed on the completion date.

What just happened

Dhampur Bio Organics Ltd. has divested its Meerganj sugar unit through a slump sale to Forever Global Enterprises Limited for ₹305 crore.

Why this matters

The sale provides Dhampur Bio Organics with ₹305 crore in liquidity, which can be used for debt reduction or strategic investments. It also signifies a restructuring of the company's operational assets.

The backstory

The slump sale was initiated with a Business Transfer Agreement signed on April 20, 2026, and has now been formally concluded with the registration of the conveyance deed.

What changes now

The company has exited the Meerganj unit operations and received a substantial cash inflow. Future strategies will likely focus on managing this capital and optimizing the remaining business.

Risks to watch

Investors should monitor how the company deploys the ₹305 crore capital, ensuring it aligns with long-term value creation and doesn't lead to underutilization of remaining assets.

Peer comparison

(No direct peer comparison data available from filing)

Context metrics (time-bound)

The slump sale consideration was ₹305 crore, completed on June 18, 2026.

What to track next

Key areas to track include the company's debt levels, operational performance of remaining sugar units, and any new strategic initiatives funded by the sale proceeds.