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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Governance Concern1/10
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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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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