NSEPress Release14 Jul 2026 · 14 Jul 2026, 06:27 pm

Press Release

Dalmia Bharat Sugar and Industries Limited · DALMIASUG

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Dalmia Bharat Sugar and Industries Limited has approved the development of an integrated sugar project in Tanzania through its subsidiary Eagle Agrotech Tanzania Limited, with an estimated project cost of US$132 million.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment6/10

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Dalmia Bharat Sugar and Industries Limited has informed the Exchange regarding a press release dated July 14, 2026, titled "Press Release".

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DALMIACEM_14072026182718_DBSIL_Press_Release.pdf

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Dalmia Bharat SUGAR July 14, 2026 Bombay Stock Exchange Limited National Stock Exchange of India Limited New Trading Ring, “Exchange Plaza”, Plot No. C-1, Block G Rotunda Building, P J Towers, Dalal Bandra – Kurla Complex, Bandra (East), Street, Fort Mumbai-400001 Mumbai – 400 051 Scrip Code: 500097 Symbol: DALMIASUG Sub: Press Release Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir(s), Please find attached the Press Release. The same is also uploaded on the website of the Company at www.dalmiasugar.com. Kindly take the same on records. Thanking You, For Dalmia Bharat Sugar and Industries Limited Rachna Goria Company Secretary and Compliance Officer FCS 6741 Encl.: As Above r0J Oalmia Bharat Sugar and Industries Limited T: +91 11 2346 5100 Regd. Office: Oalmiapuram -621 651, ~ A Oalm ia Bharat Group Company W: www.dalmiasugar.com Ois.Tiruchirappalli. Tamil Nadu. India 4th Floor. Hansalaya Building, 15 CIN: L15100TN1951PLC000640 www.dalmiabharat.com Barakhamba Road, New Delhi -110 001, India Dalmia Bharat SUGAR July 14, 2026 Press Release Dalmia Bharat Sugar and Industries Limited ("Company"), at its Board Meeting held today, i.e., Tuesday, July 14, 2026, has approved the development of an integrated sugar project in Tanzania ("Project") through Eagle Agrotech Tanzania Limited ("EATL"), a wholly owned sub sidiary of Eagle Agrotech Holdings Limited ("EAHL"). EAHL is a 51% subsidiary of the Company and Symphony Global LLC (an investment holding company of H.E. Mr. Mohamed Ali Rashed Alabbar, the founder and Chairman of Emaar Properties, a publicly listed entity in UAE) holds remaining 49% equity stake in EAHL. The Project comprises the development of sugarcane plantation and the establishment of a sugar manufacturing unit along with a cogeneration facility, with an estimated project cost of US$132 million. The Project represents a significant milestone in the Company's international growth strategy, advancing its geographical diversification objectives and serving as a strategic platform for entering global bio-energy markets. The investment is underpinned by favourable long-term market fundamentals. Tanzania and the broader East African region continue to experience a structural deficit in sugar production, with domestic demand consistently exceeding local production. This presents a significant opportunity for import substitution while also providing access to neighbouring regional markets. The Project envisages the development of an integrated sugar estate over 10,000 hectares, with the potential to expand to 20,000 hectares. The development of captive sugarcane plantations is expected to ensure a reliable and sustainable supply of feedstock, thereby strengthening long-term operational resilience. The initial phase of the project includes a sugar manufacturing capacity of approximately 70,000 MT per annum, expandable to 150,000 MT per annum, together with a 20 MW cogeneration facility, scalable to 40 MW. Over the medium to long term, the Company intends to progressively transform the integrated complex into a diversified bio-energy platform by maximizing the utilization of all by-products through commercially viable and environmentally sustainable value-added initiatives. For Dalmia Bharat Sugar and Industries Limited Sande arg Chief F cial Officer JEil Dalmia Bharat Sugar and Industries Limited T: +91 11 2346 5100 Regd. Office: Dalmiapurarn -621 651, ~ A Dalmia Bharat Group Company W: www.dalmiasugar.com Dis.Tiruchirappalli, Tamil Nadu. India 4th Floor, Hansalaya Building, 15 CIN: L15100TN1951PLC000640 www.dalrniabharat.com Barakl1amba Road, New Delhi -11 O 001, India Dalmia Bharat SUGAR Visit us at https://www.dalmiasugar.com/. Media Contact: Rachna Goria Email: sec.corp@dalmiasugar.com Disclaimer: Certain statements in this document may be forward-looking statements. Such forward looking statements are subject to certain risks and uncertainties like Government actions, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Dalmia Bharat Sugar and Industry Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. ~ Dalmia Bl1arat Sugar and l11dustries Limited T: +91 11 2346 5100 Regd, Office: Dalmiapura111 -621 651, ~ A Dalmia Bl1arat Group Company W: www,dalmiasugar com Dis Tiruchirappalli, Tamil Nadu, India 4th Floor, Hansalaya Building, 15 CIN: L 151OOTN1951 PLC000640 ww'.v dal111iabharatco111 Barakhamba Road, New Delhi -110 001, India