Dhampur Bio Organics Ltd.
Key Event Details
Dhampur Bio Organics Limited signed a Joint Venture Agreement with Orgonew Private Limited on June 04, 2026. This agreement is in continuation of the outcome of the Board Meeting dated April 20, 2026.
Parties Involved
- First Party: Dhampur Bio Organics Limited
- Second Party: Orgonew Private Limited
Purpose of Agreement
The Joint Venture Agreement is for the development, manufacture, marketing, distribution, and commercialization of phyto bio-active based functional food products and other products meant for human consumption and/or usage. Specifically, the JV will focus on products such as curcumin coated low-GI sugar, leveraging Orgonew's proprietary nano curcumin coating platform and allied process know-how together with Dhampur Bio Organics' manufacturing infrastructure and commercial reach across General Trade, Modern Trade, E-Commerce, and Q-Commerce channels.
Shareholding Structure
- Dhampur Bio Organics Limited does not currently hold any shares in Orgonew Private Limited.
- Pursuant to the Joint Venture Agreement, Dhampur Bio Organics will hold 74% of the equity share capital of the Joint Venture Company (JVC).
- Orgonew Private Limited will hold 26% of the equity share capital of the JVC.
Significant Terms of Agreement
- The Board of the JVC will comprise Three Directors including Chairman.
- Two directors shall be appointed by Dhampur Bio Organics Limited.
- One director will be appointed by Orgonew Private Limited.
- Shareholding of Orgonew in the JVC shall be maintained at 26% for the first three years from the date of closing.
Related Party Status
Orgonew Private Limited is not related to the promoter, promoter group, or any group company of Dhampur Bio Organics Limited in any manner. The transaction does not fall within related party transactions and is conducted at arm's length.