Balrampur Chini Mills signs MoU with Lucknow Cantonment Board, secures first institutional PLA orderBalrampur Chini Mills signs MoU with Lucknow Cantonment Board, secures first institutional PLA order

Introduction

Leading bio-based materials manufacturer secured its first institutional order from Lucknow Cantonment Board for compostable PLA products, ahead of commissioning its industrial-scale PLA unit in October 2026.

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Share price movement of Balrampur Chini Mills

On February 23, 2026, Balrampur Chini Mills Ltd opened at ₹456.65, up 0.09% from its previous close of ₹456.25. The stock reached a high of ₹466.90 (2.33%) and a low of ₹453.70. By 12:50 PM, it traded at ₹460.90, a 1.02% increase, with a market cap of ₹9,307.90 crore.

Balrampur Chini Secures PLA Order

Balrampur Chini Mills Limited’s PLA vertical, Balrampur Bioyug, secured its first institutional order from the Lucknow Cantonment Board. The order includes PLA bottles, compostable bags, pens, and folders.

The order marks the first formal use of compostable PLA materials by a defence-linked institution. Lucknow Cantonment Board aims to integrate bio-based products into its sustainability initiatives and operational processes.

India’s first domestic industrial-scale PLA unit by Balrampur Chini Mills is scheduled for commissioning in October 2026. The order reflects institutional confidence in indigenous PLA-based bio-materials and renewable solutions.

Stock performance of Balrampur Chini Mills for period of 1 week, 6 months, and 1 year

Balrampur Chini Mills Ltd declined 1.62% over the past week, fell 18.3% in the past 6 months, and dropped 4.98% over the past 1 year.

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Shareholding pattern of Balrampur Chini Mills

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	43%	43%	43%
FII	11%	11%	12%
DII	27.50%	28%	28%
Public	19.10%	18.30%	17.10%

About Balrampur Chini Mills

Balrampur Chini Mills Ltd (NSE: BALRAMCHIN) is a leading integrated sugar company in India, with distillery operations, power cogeneration, and efficient production through expansion and acquisitions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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