Dhampur Bio shares up 2% as Asmoli unit turns into dual-feed distillery
By Aditya Bhagchandani Published on June 6, 2025, 09:24 IST
Shares of Dhampur Bio Organics rose 2% to ₹76.61 after the company announced the successful conversion of its 100 KLPD molasses-based distillery at the Asmoli unit in Uttar Pradesh into a dual-feed facility. The upgraded unit can now process both molasses and grain for ethanol production.
This strategic move, approved during the company's Board Meeting on February 5, 2024, enhances operational flexibility and aligns with Dhampur Bio's long-term vision of diversifying its raw material base in the biofuel segment.
The company has disclosed this development to the BSE and NSE under Regulation 30 of the SEBI (LODR) Regulations.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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