Vivek Saraogi, Promoter of Balrampur Chini Mills Limited, increased his stake from 2.54% to 3.68% by acquiring 24,00,000 shares valued at ₹127.19 crore at ₹529.95 apiece through a preferential allotment.
One of India's largest integrated sugar producers, this company manufactures sugar while operating complementary distillery operations and power cogeneration facilities. The company is recognized for its operational efficiency across the sugar production process. It has systematically expanded its production capacity through well-planned capital investments and strategic acquisitions of existing mills, establishing itself as a vertically integrated player in the Indian sugar industry.