Dalmia Bharat Sugar & Industries has successfully completed the demerger of its refractory business into Dalmia Bharat Refractories Limited (DBRL), effective October 9, 2025. The scheme, sanctioned by the National Company Law Board (Chennai Bench), outlines a record date of October 31 to determine shareholder eligibility for receiving shares in DBRL.
Under the terms of the demerger, shareholders of Dalmia Bharat Sugar & Industries will receive 1 equity share of DBRL for every 48.18 equity shares held in Dalmia Bharat Sugar. The appointed date for this corporate restructuring was set as July 1, 2023.
| Aspect | Details |
| Effective Date | October 9, 2025 |
| Appointed Date | July 1, 2023 |
| Share Allotment Ratio | 1 fully paid-up equity share of DBRL (₹10 each) for every 48.18 fully paid-up equity shares of Dalmia Bharat Sugar (₹2 each) |
| Record Date | October 31, 2025 |
The record date of October 31 is critical for shareholders, as it determines eligibility to receive shares in DBRL under the demerger scheme. Shareholders should monitor company communications for details on the allotment process.
Also Read: Coforge Announces Interim Dividend of ₹4 Per Share; Record Date Set for October 31, 2025
This demerger marks a strategic restructuring for Dalmia Bharat Sugar & Industries, reshaping its business operations and potentially influencing shareholder value. Investors and market observers are closely watching the execution and its impact on both the demerged and newly formed entities.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 30, 2025, 12:51 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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