Dhampur Bio Organics completes slump sale of Meerganj Unit
The company announced to NSE the completion of the slump sale transaction affecting the Meerganj Unit. Slump sales under Indian tax and corporate law involve transfer of a business undertaking (assets and liabilities) as a single block without itemisation. The transaction mechanics, consideration and buyer identity require corroboration from statutory filings (auditor certification, board minutes, Schedule to Balance Sheet under AS 14 / Ind AS 103 on business combinations).
Why it mattersSlump sale completions trigger asset valuation and depreciation step-up treatment under the Income Tax Act; confirm whether deferred tax liabilities were recognised and whether the buyer assumed environmental/compliance liabilities at the Meerganj site.
SectorFMCG
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Sources
- NSE Corporate Filings Archive · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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