Archive · 30 Sep 2025
Madras HC Grants ₹120 Crore Relief to Dalmia Bharat Sugar
Imagine a company, Dalmia Bharat Sugar, that had to pay money related to its mining.
The Madras High Court stepped in and said the company didn't have to pay some of that money!
The court canceled two demands, one for ₹79 crore from 1966 to 2017, and another for ₹41 crore from 2017 to 2024.
This all started because of claims about the company's mining operations.
As a result, the company's shares went up a little bit.
Madras High Court quashed surface rights demands.
Dalmia Bharat Sugar received ₹120 crore in relief.
The relief covers demands from 1966 to 2024.
₹79 crore demand was canceled from 1966 to 2017.
₹41 crore demand was canceled from 2017 to 2024.
- Who
- Dalmia Bharat Sugar
- What
- Received ₹120 crore relief after Madras HC quashed surface rights demands.
- When
- The court ruling covers demands from 1966 to 2024.
- Where
- Madras HC
- Why
- The litigation pertained to historical claims for compensation on surface rights related to the company's mining operations.
- Company
- Dalmia Bharat Sugar
- Relief Amount
- ₹120 crore
- Court
- Madras HC
- Period of Cancellation (1)
- 1966 to 2017
- Demand Cancellation (1)
- ₹79 crore
- Period of Cancellation (2)
- 2017 to 2024
- Demand Cancellation (2)
- ₹41 crore
- Share Price Increase
- ₹2.70