Dalmia Bharat Sugar has been hit with a tax bill of approximately ₹42.5 crore for the financial year 2023-24. The company is now appealing to the CIT Appeals, filing an e-appeal on April 22, 2026, in hopes of securing relief from the disallowances imposed.

Sugar stocks like Dhampur Sugar, Dalmia Bharat Sugar, and Shree Renuka Sugars have experienced gains of up to 12%, driven by an increase in crude oil prices. This rise is due to the increased demand for ethanol, which benefits sugar companies with diversified operations. Additionally, lower sugar output in Brazil could potentially benefit Indian sugar exporters.