Announced Fri, 3 Jul · 18:12 IST
UP Excise Commissioner imposes Rs 1 lakh penalty on Dhampur Sugar Mills
Regulatory & Legal View source PDF
DHAMPURSUG · price
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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹142.84
prior close
₹142.10
base price
After-mkt
timing
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+1.0+2.0+1.0—-0.2-1.6+0.2+0.5+0.2-0.1+0.8———
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AI summary
Dhampur Sugar Mills received a Rs 1 lakh penalty order from the Excise Commissioner of Uttar Pradesh on 2 July 2026 under Section 74 of the UP Excise Act, 1910. The penalty relates to alleged non-compliance with U.P. Excise rules, specifically storing liquor, ENA and Country Liquor Tetra Packs at locations other than those prescribed under license conditions. Company says financial impact is limited to the penalty amount with no material impact on operations, which continue normally.
Likely market impact
Minor penalty with no material impact on financials or operations. Manufacturing continues as usual.