NSEPress Release1d ago · 24 Sept 2026, 11:10 am
Press Release
Balrampur Chini Mills Limited · BALRAMCHIN
✦ AI Summary▲ PositiveOrder Win
Balrampur Chini Mills Limited has been awarded ₹75 crore in grant assistance by the Biotechnology Industry Research Assistance Council (BIRAC) under the Department of Biotechnology (DBT), Government of India, for establishing a 100 TPA PLA Co-Polymer R&D Facility.
Analysis Scores
Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Balrampur Chini Mills Limited has informed the Exchange regarding a press release dated September 24, 2026, titled "Government of India Awards ₹75 Crore BioE3 Grant to BCML to Advance India's Bioeconomy".
Attachments (1)
📄pdf
Download →
BALRAMPURC_24092026110943_SE_Intimation__Press_Release_24092026.pdf
View document text
24th September, 2026
National Stock Exchange of India Limited BSE Limited
Listing Department, The Corporate Relationship Department
‘Exchange Plaza’, C/1, G Block, Bandra 1st Floor, New Trading Wing, Rotunda
Kurla Complex, Bandra (E), Mumbai Building, Phiroze Jeejeebhoy Towers Dalal
400051 Street, Fort, Mumbai- 400001
Symbol: BALRAMCHIN Scrip Code: 500038
Dear Sir/Madam,
Subject: Press Release pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed a copy of the Press Release being issued with respect to the
Poly Lactic Acid (PLA) vertical of the Company, titled as below, which is self-explanatory:
”Government of India Awards ₹75 Crore BioE3 Grant to BCML to Advance India's Bioeconomy”
The Press Release will also be available on the Company’s website www.chini.com.
Thanking You.
Yours faithfully
For Balrampur Chini Mills Limited
Manoj Agarwal
Company Secretary & Compliance Officer
Encl: A/a
Government of India Awards ₹75 Crore BioE3 Grant to BCML to Advance
India's Bioeconomy
DBT-BIRAC backs India's first PLA Co-Polymer R&D Facility, strengthening the country's ambition to become a
global bioeconomy powerhouse
New Delhi, 24th September, 2026: Balrampur Chini Mills Limited (BCML) has been awarded ₹75 crore
in grant assistance by the Biotechnology Industry Research Assistance Council (BIRAC) under the
Department of Biotechnology (DBT), Government of India, for establishing a 100 TPA PLA Co-
Polymer R&D Facility under the Government's flagship BioE3 (Biotechnology for Economy,
Environment & Employment) initiative. The grant will accelerate the development of advanced bio-
based materials, strengthen India's indigenous biomanufacturing capabilities and reinforce the
country's ambition to emerge as a global bioeconomy powerhouse.
The pilot-scale R&D facility will be established at BCML's integrated manufacturing complex
in Kumbhi, Uttar Pradesh, where the company is also setting up India's first integrated
commercial PLA manufacturing facility. The new facility will serve as the innovation engine
for developing next-generation PLA grades and Co-polymers, enabling rapid product
development, technology indigenisation, customer validation and seamless scale-up to
commercial production.
Commenting on the announcement Avantika Saraogi, Executive Director, Balrampur Chini Mills
Limited, said, "The Government of India's support through this ₹75 crore BioE3 grant is a strong
endorsement of the strategic role that advanced biomanufacturing will play in India's future. This
facility will help build indigenous technology, develop next-generation bio-based materials and create
the scientific and technical capabilities required for India to lead the global transition towards
sustainable manufacturing. We are grateful to the Department of Biotechnology and BIRAC for their
confidence in our vision and look forward to contributing to India's emergence as a global bioeconomy
powerhouse."
The facility will:
Develop specialised PLA grades and advanced PLA co-polymers for high-value applications.
Generate techno-economic data and process know-how for commercial-scale manufacturing.
Train highly skilled talent for India's emerging biomanufacturing sector.
Enable collaboration with industry and research institutions to accelerate innovation in
sustainable materials.
Designed to bridge the gap between laboratory research and commercial manufacturing, the facility
will support every stage of product development from understanding customer requirements and
developing new PLA formulations to producing pilot samples, validating product performance and
preparing successful technologies for commercial-scale manufacturing. It will also create
opportunities for collaboration with academia and research institutions through a limited-service
model, helping strengthen India's biotechnology innovation ecosystem.
As countries around the world increasingly adopt bio-based materials and circular manufacturing
practices, BCML's PLA Co-Polymer R&D Facility is expected to play an important role in strengthening
India's innovation ecosystem, accelerating the commercialisation of advanced biopolymers and
positioning the country as a global hub for sustainable materials.
About Balrampur Chini Mills Limited (CIN: L15421WB1975PLC030118)
Balrampur Chini Mills Limited (BCML) is one of the largest integrated sugar companies in India. The
allied businesses of the Company comprise distillery operations and cogeneration of power. The
Company presently has ten sugar factories located in Uttar Pradesh (India) having an aggregate
sugarcane crushing capacity of 80,000 TCD, distillery and co-generation operations of 1050 KLPD and
175.7 MW (Saleable) respectively. We are also in process of setting up India’s 1st Poly Lactic Acid (PLA)
plant of 80,000 TPA capacity.
For more details, visit chini.com
For media queries, please contact.
Ms. Debamita Banerjee, DGM, Corporate Communications
Tel: +91 9163332381
BrandVD Communications
Ms. Neha Singh | Mr. Lokesh Sharma
+91 9910638881 | +91 9582590886