Dalmia Bharat Sugar sets record date for demerger share allotment

Dalmia Bharat Sugar and Industries Limited (DBSIL) has announced that its scheme of arrangement, involving the demerger with Dalmia Bharat Refractories Limited (DBRL), became effective on October 09, 2025. This follows the filing of the National Company Law Board, Chennai Bench's order dated September 12, 2025, with the Registrar of Companies. The appointed date for the scheme is July 01, 2023.

Under the scheme, eligible shareholders of the Demerged Company will receive 1 fully paid-up equity share of face value INR 10 of the Resulting Company for every 48.18 fully paid-up equity shares of face value INR 2 held in Dalmia Bharat Sugar and Industries Limited.

The board of directors has fixed Friday, October 31, 2025, as the record date to determine the shareholders entitled to receive these equity shares.