NSEGeneral Updates22 Oct 2026 · 22 Oct 2026, 03:05 pm
General Updates
Dalmia Bharat Sugar and Industries Limited · DALMIASUG
✦ AI SummaryFundraise
Dalmia Bharat Sugar and Industries Limited has informed the Exchange about General Updates regarding the execution of a Facility Agreement with CRDB Bank Public Limited Company for a $87.5 Million Term Loan by Eagle Agrotech Tanzania Limited, a step-down subsidiary of the Company.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Dalmia Bharat Sugar and Industries Limited has informed the Exchange about General Updates
Attachments (1)
📄pdf
Download →
DALMIACEM_22102026150441_SE_Intimation.pdf
View document text
October 22, 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
Subject: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
Dear Sir(s)/Madam,
This is further to the disclosure dated July 14, 2026 as per Regulation 30 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, whereby it was
informed that the Board of Directors of Dalmia Bharat Sugar and Industries Limited
(“Company”) had, at its meeting held on July 14, 2026, approved project relating to
Sugarcane Plantation and setting up of a Sugar Manufacturing Unit of 3500 TCD along
with Co-gen facility of 20 MW in Tanzania (“Project”), through Eagle Agrotech Tanzania
Limited (“EATL”), a Wholly Owned Subsidiary Company of EAHL, involving estimated
project cost of US$132 Million.
In furtherance thereto, EATL has on October 20, 2026 executed a Facility Agreement
with CRDB Bank Public Limited Company for $87.5 Million (equivalent in Tanzanian
currency) Term Loan. An executed copy of the Facility Agreement has been received by
DBSIL on October 21, 2026. In terms of the Facility Agreement, DBSIL shall sponsor
Standby Letter of Credit (“SBLC”) as a collateral security, covering 51% of the principal
amount. The quantum of SBLC will change each year depending on the expected
principal outstanding/drawdown expected by end of each year from the date of
Agreement.
A Disclosure pursuant to Regulation 30 read with clause 5A, Para A, Part A, Scheduled
III of SEBI Listing Regulations is attached and marked as Annexure 1.
We request you to take the above information on records.
Thanking You,
Yours Faithfully
For Dalmia Bharat Sugar and Industries Limited
Rachna Goria
Company Secretary and Compliance Officer
FCS 6741
Encl.: As Above
ANNEXURE 1
Disclosure pursuant to Regulation 30 read with clause 5A, Para A, Part A, Scheduled
III of SEBI Listing Regulations:
S. No. Particulars Disclosure
A If the listed entity is a party to No
the agreement –
I Details of the counterparties Not Applicable
(including name and
relationship with the listed
entity)
B If listed entity is not a party to
the agreement -
I Name of the party entering into Eagle Agrotech Tanzania Limited
such an agreement and the (“EATL”), a step-down subsidiary of
relationship with the listed Dalmia Bharat Sugar and Industries
entity. Limited (“DBSIL”).
Ii Details of the counterparties to CRDB Bank Public Limited Company
the agreement (including name (“CRDB”).
and relationship with the listed
entity).
Iii Date of entering into the October 20, 2026
agreement.
C Purpose of entering into the Availment of $87.5 Million (equivalent in
agreement. Tanzanian currency) Term Loan by EATL
from CRDB.
D Shareholding, if any, in the No
entity with whom the
agreement is executed.
E Significant terms of the Term Loan of $87.5 Million (equivalent in
agreement (in brief). Tanzanian currency) will be provided by
CRDB to EATL for 10 year's period at
floating rate.
F Extent and the nature of impact Agreement will not have any impact on
on management or control of management or control of DBSIL.
the listed entity;
G Details and quantification of DBSIL shall sponsor Standby Letter of
the restriction or liability Credit (“SBLC”) as a collateral security
imposed upon the listed entity. covering 51% of the principal amount.
The quantum of SBLC will change each
year depending on the expected
principal outstanding/drawdown
expected by end of each year from the
date of Agreement.
H Whether the said parties are EATL is a step-down subsidiary of DBSIL.
related to promoter/promoter
group/ group companies in any
manner. If yes, nature of
relationship.
I Whether the transaction would Facility Agreement between CRDB and
fall within related party EATL is not a related party transaction.
transactions? If yes, whether
the same is done at “arm’s However, provision of SBLC by DBSIL to
length. CRDB as a collateral security will be a
related party transaction and same will
be at arm’s length.
J In case of issuance of shares to Not Applicable.
the parties, details of issue
price, class of shares issued.
K Any other disclosures related to Not Applicable.
such agreements, viz., details
of nominee on the board of
directors of the listed entity,
potential conflict of interest
arising out of such agreements,
etc.
L In case of rescission, Not Applicable
amendment or alteration,
listed entity shall disclose
additional details to the stock
exchange(s):
i Name of parties to the -
agreement;
ii Nature of the agreement; -
iii Date of execution of the -
agreement;
iv Details and reasons for -
amendment or alteration and
impact thereof (including
impact on management or
control and on the restriction
or liability quantified earlier);
v Reasons for rescission and -
impact thereof (including
impact on management or
control and on the restriction
or liability quantified earlier).