Dhampur Bio Organics Limited has informed the Exchange regarding Outcome of Board Meeting held on February 26, 2026.
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The Board of Directors of Dhampur Bio Organics Limited, at its meeting held on February 26, 2026, approved the incorporation of a Wholly Owned Subsidiary (WOS) in the United Arab Emirates (UAE). The new entity will be engaged in trading, distribution, and packaging of sugar and other FMCG products, as well as futures in sugar and allied products. The company will hold 100% equity in the proposed subsidiary, with the initial investment pegged at AED 73,45,000 (approximately USD 2 million), to be subscribed in cash at face value. The incorporation is being carried out in compliance with applicable UAE laws, Indian FEMA regulations, and the Companies Act, 2013. The name of the subsidiary and further details will be communicated once the entity is formally registered.
This marks Dhampur Bio Organics' first overseas expansion move, opening a foothold in the Middle East for sugar and FMCG distribution. While the USD 2 million investment is modest, it signals the company's intent to diversify geographically and tap into international markets, which could positively influence long-term growth sentiment among investors.