Dhampur Sugar Mill gets nod to merge with JK Sugar

Dhampur Sugar Mills has received an approval for merger of the company with JK Sugar. The board at its meeting held on May 30, 2012 has approved for the same.

Further, the board has also approved the share exchange ratio of 1000:275, in that for every 1000 fully paid-up equity shares of Rs 10 each in the company; shareholders would be allotted 275 shares of Rs 10 each in the amalgamated company.

Dhampur Sugar Mills is engaged in manufacturing sugar, ethanol, chemicals and plantation white sugar. It is the first and the largest manufacturer of refined sulphurless sugar in the India