Consolidated results for the quarter Ended 30-Sep-26

Also decided at the meeting

• Approved buyback of equity shares of face value Rs. 10 each for an aggregate amount not exceeding Rs. 50,00,00,000 (Rupees Fifty Crores only), subject to shareholders' approval.
• Buyback approved at a maximum buyback price of Rs. 200 per share, subject to the approval of shareholders.
• Based on the Audit Committee's recommendation, appointed a Cost Auditor for the financial year 2026-27 to fill the casual vacancy.
• Approved the Notice of Postal Ballot for obtaining shareholders' approval by means of remote e-voting.

Auditor's review

Conclusion: Unmodified

• Other matter: results of two subsidiaries (Dhampur International Pte Limited and DBION Private Limited) - total assets Rs. 28.61 crores, revenue Rs. 0.34 crore, loss Rs. 0.20 crore - are certified by management; opinion not modified.
• Other matter: quarter ended September 30, 2026 figures are the balancing figure between the audited half year and the published unaudited year-to-date figures of the first quarter; opinion not modified.

Notes to the results

• Meerganj sugar and co-generation unit sold on slump sale for Rs. 305.00 crores (approved May 18, 2026; transferred June 18, 2026), giving a gain of Rs. 63.89 crores; classified as discontinued operations.
• Income tax search under section 132; company offered Rs. 4.30 crores additional income for the block period, including Rs. 0.53 crore in other income this quarter, with Rs. 2.68 crores tax provided; no demand order received.
• 3,57,881 ESOPs granted at Rs. 40 each (6,600 forfeited); loan to DBO Employee Welfare Trust outstanding Rs. 7.15 crores; Trust holds 7,74,383 shares at average Rs. 91.77; ESOP expense Rs. 0.11 crore for the quarter.
• Group comprises three wholly owned subsidiaries - Sonitron Bio Organics, Dhampur International Pte and DBOL International Food & Beverages Trading FZE - and OBION Private Limited (74%) from July 9, 2026.