Page 2 - Dhampur Sugar Mills
SC stays NGT order imposing Rs 20 cr penalty on Dhampur Sugar Mills in UP
The Supreme Court has stayed National Green Tribunal order's imposing Rs 20 crore penalty on four units of Dhampur Sugar Mills Ltd in Uttar Pradesh for continuous violation of environmental laws. A bench of Justices Indira Banerjee and J K Maheshwari issued notices to the Central Pollution Control Board (CPCB), Central Ground Water Authority (CGWA), UP Pollution Control Board (UPPCB) and others on an appeal filed by Dhampur Sugar Mills. "Issue notice, returnable in six weeks. In the meanwhile there will be a stay of the order to the extent of payment of compensation of Rs 5 crore which has been imposed against each unit and the costs of Rs 10 lakh to be paid by Respondent Nos. 1 to 3 (Dhampur Sugar Mills Ltd)," the bench said. The top court, in its October 8 order, also said no further steps shall be taken by the committee, formed by the NGT for assess damage, for a period of six weeks. The sugar manufacturing company had moved the apex court against the NGT order. The tribunal, a
 "SC stays NGT order imposing Rs 20 cr penalty on Dhampur Sugar Mills in UP")
Sugar stocks trade weak in a firm market on reduction in export subsidy
The government reduced the export subsidy from Rs 5.85 / kg to Rs 4.0 / kg on any sugar contracted for export on or after May 20, 2021
 "Sugar stocks trade weak in a firm market on reduction in export subsidy")
Most sugar stocks rise in trade; Shree Renuka Sugars gains over 3%
According to Crisil, sugar offtake in the current sugar season is expected to remain more or less at last season levels despite the Covid-19 pandemic
 "Most sugar stocks rise in trade; Shree Renuka Sugars gains over 3%")
Sugar stocks gain as ISMA lowers production estimate for 2018-19 season
Dhampur Sugar, Balrampur Chini, Dalmia Bharat Sugar, Uttam Sugar, Triveni Engineering & Industries, Dwarikesh Sugar and Thiru Arooran were up 3% to 10% on the BSE.
 "Sugar stocks gain as ISMA lowers production estimate for 2018-19 season")