Dhampur Sugar Mills Limited, a leading sugar production company, has made a significant announcement for its shareholders. The company declared on Tuesday that it will buy back 10,00,000 equity shares at a price of ₹180 per share. This buyback process will commence on May 29, 2025, and conclude on June 4, 2025. The company has made the details available on its official website as well as on the website of SEBI (Securities and Exchange Board of India).
Dhampur Sugar Mills Limited, established in 1933, is renowned for its expertise in the field of sugarcane processing. The company has recorded improvements in its financial performance in recent years. Between the financial years 2022 and 2023, the company’s revenue saw a growth of 32.93%, while its profit after tax (PAT) increased by 9.69%. Following the announcement of this buyback, investors have their eyes fixed on the share price and performance of Dhampur Sugar Mills in the stock market. As on May 27, 2025, the company’s shares were trading at ₹142.55 on the NSE and ₹143.15 on the BSE, reflecting market anticipation of the buyback’s impact.
Experts believe that this step is a positive signal for the company’s shareholders, as it reflects the company’s strong financial position and prospects for future growth. In recent months, the sugar industry has witnessed several ups and downs, including issues like the lack of expected increases in ethanol prices and a reduction in ethanol supply from sugar mills. In such a scenario, this move by Dhampur Sugar Mills is being seen as a confidence booster among investors.
The company has made all the information and documents related to the share buyback available on its official website as well as on the NSE and BSE platforms. Shareholders who wish to participate in the buyback process will need to submit their tender forms within the stipulated time frame. Dhampur Sugar Mills Limited has also clarified that this buyback is part of the company’s long-term strategy, aimed at creating value for shareholders and further strengthening the company’s capital structure.
