Sweet Expansion: Dhampure to Issue 880,000 Warrants at ₹106 Each

Dhampure Speciality Sugars Ltd has approved the issuance of 880,000 fully convertible equity warrants priced at ₹106 per warrant. Each warrant carries the right to subscribe to one equity share of face value ₹10. The company’s board cleared the proposal as part of its capital-raising strategy to support future growth initiatives.

This issuance is expected to provide Dhampure with additional financial flexibility, enabling investments in product innovation, operational expansion, and market penetration. Analysts note that the move reflects confidence in long-term demand for specialty sugar products in India, where premium and niche categories are gaining traction.

Key Highlights

• Warrant Issue Size: Up to 880,000 warrants.
• Price per Warrant: ₹106.
• Conversion Rights: One equity share of ₹10 face value per warrant.
• Objective: Strengthen capital reserves and fund expansion.
• Market Impact: Potential dilution balanced by growth-focused capital infusion.
• Industry Context: Rising demand for specialty sugars and niche sweeteners in India.

Sources: BSE Corporate Filing, Moneycontrol, Business Standard