Dalmia Bharat Sugar and Industries acquires a sugar plant

At Sangli, Maharashtra

Dalmia Bharat Sugar and Industries announced that the Company has acquired a sugar plant situated at Sangli, Maharashtra having a cane crushing capacity of 1750 TCD (Tonnes Crushed per day) at a consideration of Rs. 24.30 crore from Maharashtra State Cooperative Bank under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security interest Act, 2012 (SARFASI Act).

The plant is not operational for the last 7 years, the starting of operations of the plant would be determined after examining the condition of the plant on taking possession.

The Company currently has total cane crushing capacity of 27300 TCD at its existing plants in Uttar Pradesh and Kohlapur, Maharashtra.

 

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