Dhampur Bio Organics Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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Dhampur Bio Organics has informed exchanges that the Lucknow Bench of the Allahabad High Court has granted an interim stay in a matter where the Uttar Pradesh Excise Department had asked the company to calculate and deposit export/import fees on denatured and special denatured spirit for the period from FY 2018-19 to FY 2024-25. The dispute arose after the Supreme Court, in October 2024, upheld the state's authority to regulate industrial alcohol. The company contested the demand through an industry association, and the stay order was received on August 1, 2025. The aggregate amount under dispute is Rs. 14.17 crores, but the company states there is no material financial, operational, or other impact expected at this stage.
Positive near-term relief for shareholders — the company has secured a court stay shielding it from an excise demand of Rs. 14.17 crores, and management sees no material financial impact. However, the matter is interim in nature and could be revisited if the stay is lifted, so it remains a watch-item.