Announced Fri, 3 Jul · 18:16 IST
UP Excise Department imposes Rs 1 lakh penalty on Dhampur Sugar Mills
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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 an order from the UP Excise Commissioner, Prayagraj, imposing a penalty of Rs 1 lakh under the United Provinces Excise Act, 1910. The order relates to alleged non-compliance with UP Excise (Distillery) Rules, 2018, specifically storing Liquor, ENA and Tetra Packs at non-prescribed locations. The order was received on 2 July 2026. The company says the financial impact is limited to the penalty amount with no material impact on operations, which continue normally.
Likely market impact
Minor penalty with limited financial impact. Operations remain unaffected. No material effect on shareholders expected.