Announced Thu, 18 Jun · 15:32 IST

Dhampur Bio Organics completes slump sale of Meerganj Unit

Core Business DivestedStrategic Transactions View source PDF

DBOL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹115.61
prior close
₹117.50
base price
After-mkt
timing
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+0.5+1.3+0.5+0.9-0.4-3.6-4.0-3.1-0.4-3.8+0.5-7.4
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AI summary

Dhampur Bio Organics has informed the exchange about completing the slump sale of its Meerganj Unit. A slump sale means the entire business unit is transferred as a going concern for a one-time lump sum payment. The company has now exited or divested this particular operational unit. Details on the sale consideration or buyer are not mentioned in this filing and may follow in subsequent disclosures.

Likely market impact

Confirms exit from the Meerganj unit; could streamline focus on remaining business. Sale value and any gain or loss on divestment will determine the actual impact on shareholders.