Dhampur Sugar Mills

Dhampur Sugar Mills Ltd. issued and allotted commercial paper aggregating ₹100 crores on 30 June 2026. The paper, bearing ISIN INE041A14142, carries a 30-day tenure maturing on 30 July 2026 with a coupon of 7.15 percent and was issued in favour of Kotak Mahindra Bank Limited. The instrument received an IND A1+ credit rating, the highest short-term rating, and will remain unlisted.

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May 28 (Reuters) - Dhampur Sugar Mills Ltd DAMS.NS:

• DHAMPUR SUGAR MILLS LTD MARCH-QUARTER CONSOL NET PROFIT 456.4 MILLION RUPEES

• DHAMPUR SUGAR MILLS LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.87 BILLION RUPEES

Source text: ID:nNSE2K0gdc

Further company coverage: DAMS.NS

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** Shares of major Indian sugar companies fall in morning trading after the government on Wednesday banned sugar exports till September 30, 2026

** Balrampur Chini Mills BACH.NS down 2.2%, Dhampur Sugar Mills DAMS.NS down 6.8%, Triveni Engineering and Industries TREI.NS down 3.8%,

** Dalmia Bharat Sugar DLMI.NS down 3.8%, Shree Renuka Sugars SRES.NS down 2%

** Ban comes as federal government tries to contain domestic prices and manage inflation

** Curbs will not apply to some exports, including those to the EU and U.S. under quota schemes, government-to-government shipments, and consignments already in transit

** YTD, Nifty Commodities Index .NIFTYCOM up 8.4% vs benchmark Nifty 50 Index's .NSEI 10.2% decline

(Reporting by Abhinav Parmar in Bengaluru)

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** Shares of sugar stocks rise between 0.6% and 2.5% day after India issued a notification to formally incorporate higher ethanol-blended fuels

** Includes provisions for E85 fuel, a blend of 85% ethanol with petrol, and E100, which would allow vehicles to run on nearly pure ethanol

** Ethanol is a byproduct of sugar manufacturing and refining through fermentation

** Avadh Sugar and Energy AVAD.NS leads with 2.5% gain, Shree Renuka Sugars SRES.NS and Dhampur Sugar Mills DAMS.NS both gain 2.4%

** E-I-D Parry EIDP.NS, Bannari Amman Sugars BANN.NS, Dalmia Bharat DALB.NS and Bajaj Hindusthan Sugar BJHN.NS up between 0.6% and 1.5%

(Reporting by Mridula Kumar in Bengaluru)

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April 15 (Reuters) - Dhampur Sugar Mills Ltd DAMS.NS:

• DHAMPUR SUGAR MILLS LTD - ANNOUNCES ISSUANCE, ALLOTMENT AND LISTING OF COMMERCIAL PAPER AMOUNTING TO 1 BILLION RUPEES

Source text: ID:nNSEjNK4s

Further company coverage: DAMS.NS

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** Shares of Indian sugar companies up 0.33% to 1.89%

** India approved an additional export quota of 87,587 tonnes for the 2025-26 marketing year

** Last month, the federal government allowed exports additional 500,0000 tons of sugar to support local growers

** EID-Parry EIDP.NS up 1.89%,

** Shree Renuka Sugars SRES.NS up 1.58% and Dhampur Mills DAMS.NS rises 1.43%

** Balram Chini Mills BACH.NS and Dalmia Bharat DALB.NS rise 0.37 % and 0.33% respectively

(Reporting by Urvi Dugar in Bengaluru)

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Feb 2 (Reuters) - Dhampur Sugar Mills Ltd DAMS.NS:

• DEC-QUARTER CONSOL NET PROFIT 264.9 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 6.67 BILLION RUPEES

Source text: ID:nBSE8YJ4Vy

Further company coverage: DAMS.NS

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** Shares of sugar companies rally after India allows production of ethanol from sugarcane juice, syrup, and all types of molasses

** Starting November 1, sugar mills and distilleries are allowed to produce ethanol without any quantitative restriction

** Shree Renuka Sugars SRES.NS and Dhampur Mills DAMS.NS rise the most to 12% and 10%, respectively

** Avadh Sugar AVAD.NS, Bajaj Hindusthan Sugar BJHN.NS climb ~8% each

** Balram Chini Mills BACH.NS rises 6.5%

** EID-Parry EIDP.NS up 1.7%, Dalmia Bharat DALB.NS trades flat

** Government to periodically review sugar diversion to ethanol to ensure year-round domestic availability

** India restricted production in the current marketing year because of a drop in sugarcane supplies

(Reporting by Urvi Dugar)

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March 6 (Reuters) - Dhampur Sugar Mills Ltd DAMS.NS:

• ISSUES COMMERCIAL PAPER WORTH 1 BILLION RUPEES

Source text: ID:nBSE17t90M

Further company coverage: DAMS.NS

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Feb 6 (Reuters) - Dhampur Sugar Mills Ltd DAMS.NS:

• DEC-QUARTER CONSOL NET PROFIT 151.2 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.87 BILLION RUPEES

Further company coverage: DAMS.NS

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** Indian sugar companies gain between 2.4% and 6.6%

** Indian government preparing for final decision on proposed ethanol price increase, ET Now reports citing sources

** Report says price of ethanol made from B-heavy molasses expected to rise by ~2 rupees/litre, while price of ethanol made from sugarcane juice likely to climb 1.50 rupees/litre

** Balrampur Chini Mills BACH.NS, Bajaj Hindusthan Sugar BJHN.NS, Dhampur Sugar Mills DAMS.NS, Dalmia Bharat Sugar and Industries DLMI.NS, E.I.D. - Parry (India) EIDP.NS, Shree Renuka Sugars SRES.NS, Triveni Engineering and Industries TREI.NS up 2.4%, 3.9%, 6.6%, 4.8%, 3%, 4.1% and 2.9%, respectively

** In 2024, BJHN, BACH, TREI, EIDP advanced 9.2%, 29.1%, 32.3%, 60.5%, respectively; SRES lost 16.3%, DLMI fell 12% and DAMS shed 36.3%

(Reporting by Ashish Chandra in Bengaluru)

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By Rajendra Jadhav

MUMBAI, Dec 23 (Reuters) - Sugarcane yields in India are declining due to last year's drought and this year's excessive rains, which could reduce the country's sugar production below consumption levels for the first time in eight years, farmers and industry officials said on Monday.

Lower-than-expected output by the world's second-largest sugar producer could eliminate the possibility of India allowing exports in the current season ending in September 2025, supporting global sugar prices SBc1, LSUc1.

Maharashtra, Karnataka, and Uttar Pradesh account for more than 80% of the country's total sugar production, with lower cane yields in these states prompting trade houses to reduce their output estimates for the 2024/25 season.

The production could fall to around 27 million metric tons from the last year's 32 million tons and below annual consumption of more than 29 million tons, said India head of a global trade house, who declined to be named.

"During the summer months, the cane crop faced prolonged stress due to the lack of water," B.B. Thombare, president of the West Indian Sugar Mills Association told Reuters.

"When the monsoon season began, there was excessive rainfall and limited sunshine, which also adversely affected the crop's growth."

The adverse weather curtailed cane yields by 10 to 15 tons per hectare, Thombare said.

The western state of Maharashtra and neighbouring Karnataka, which together produce nearly half of India's sugar, received lower-than-average rainfall in 2023, bringing down reservoir levels.

"Usually, we harvest 120 to 130 tons of cane from one hectare of land, but this year yields have fallen to 80 tons despite all our efforts," says Shrikant Ingle, who cultivated cane on five acres of land in Maharashtra's Solapur.

Drought did not affect the crop in Uttar Pradesh, the country's leading sugar-producing state in the north.

However, plantations in the state were impacted by red rot disease, which reduced sugarcane yields, said a senior state government official.

"To control the spread of the disease, we are advising farmers to adopt new cane varieties," the official said.

The downward revision in the production estimate has eliminated the possibility of any exports in the current season, the head of the trade house said.

Sugar industry seeks 2 million tons of exports, while the government says it may allow limited exports, if any surplus remains after ethanol needs are met.

(Reporting by Rajendra Jadhav; Editing by Janane Venkatraman)

(([email protected]; Reuters Messaging: x.com/Rajendra1857))

By Rajendra Jadhav

MUMBAI, Dec 5 (Reuters) - Sugar prices in India fell to their lowest level in 1-1/2 year due to ample supplies, making it difficult for mills to pay farmers the cane price as the crushing season gains momentum, industry officials told Reuters.

The fall in prices is prompting industry to demand immediate revision in minimum selling price (MSP) to limit losses, which will improve mills' margins and allow them to make timely cane payments to millions of cane growers.

"Sugar prices have fallen below the cost of production. This makes it difficult for mills to pay the revised cane price unless sugar prices rise," said B.B. Thombare, president of the West Indian Sugar Mills Association.

Wholesale sugar prices SUG-ARSKOL-NCX at Kolhapur in western state of Maharashtra have fallen nearly 8% in past four months to 33,675 rupees ($397.60) per ton, the lowest since June 2023.

The government should quickly raise the MSP above 40,000 rupees per ton to make cane crushing viable for sugar mills, Thombare said.

Indian trade bodies have been demanding an increase in the MSP, saying the government has raised the mandatory procurement price of sugarcane in recent years while the MSP has remained unchanged since 2019.

Sugar prices are falling as demand has decreased after the festival season, and new season supplies have begun, said Ashok Jain, president of the Bombay Sugar Merchants Association.

Indian mills have produced 2.79 million metric tons of sugar since the current season began on Oct. 1, down 35.4% year on year, a leading industry body said on Monday.

Mills in Maharashtra, which recently underwent state elections, sold more sugar than allocated, as mills controlled by politicians needed funds for election campaigns, said a Mumbai-based trader.

"The market was flooded with sugar in the past two months. This is why mills are now struggling to sell sugar, even at lower prices," the trader said.

($1 = 84.6950 Indian rupees)

(Reporting by Rajendra Jadhav; editing by David Evans)

(([email protected]; Reuters Messaging: x.com/Rajendra1857))

Nov 12 (Reuters) - Dhampur Sugar Mills Ltd DAMS.NS:

• DHAMPUR SUGAR MILLS SEPT-QUARTER CONSOL NET LOSS 134.8 MILLION RUPEES

• DHAMPUR SUGAR MILLS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.81 BILLION RUPEES

Source text: ID:nBSE4CzfXr

Further company coverage: DAMS.NS

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** Shares of Dhampur Bio Organics DHAO.NS fall as much as 4.6% to 128 rupees before paring some losses to trade 1% lower

** Sugarcane processing co reports Q2 consol loss at 233.7 mln rupees ($2.8 mln) vs a year-ago profit of 600,000 rupees

** Rev from ops falls ~5%

** Stock down ~14% YTD; it fell 24.5% in 2023

($1 = 84.1180 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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Adds details, comments from industry officials

By Rajendra Jadhav

MUMBAI, Aug 29 (Reuters) - India will allow sugar mills to use cane juice or syrup to produce ethanol in the new marketing year starting Nov. 1, the government said in a notification on Thursday.

The world's second-biggest sugar producer imposed restrictions on diverting sugar for ethanol production in December 2023 to increase sugar output after cane crop was hit by below-average monsoon rains.

In the new season, distilleries can also use B-heavy molasses, a byproduct with higher sucrose levels, for ethanol production, the government said in the notification.

Around 750,000 metric tons of B-heavy molasses are lying in stock with mills after the government restricted ethanol production from this feedstock last year, said Prakash Naiknavare, managing director of the National Federation of Cooperative Sugar Factories Ltd.

"Now that the restriction is lifted, they can use these stocks," Naiknavare said.

Indian sugar mills such as E.I.D.-Parry EIDP.NS, Balrampur Chini Mills BACH.NS, Shree Renuka SRES.NS, Bajaj Hindusthan BJHN.NS, and Dwarikesh Sugar DWAR.NS have increased their ethanol production capacity in the last few years.

The south Asian country also allowed distilleries to purchase up to 2.3 million metric tons of rice from the state-run Food Corporation of India (FCI) for ethanol production, the government said in a separate notification.

"The permission to utilise FCI rice as a feedstock will enhance ethanol production from dual-feed distilleries," said Vijay Nirani, managing director of TruAlt Bioenergy Ltd.

The two policy changes will not only help increase ethanol blending in gasoline but also help mills and distilleries make timely cane payments to millions of farmers, Nirani said.

India aims to increase ethanol production to blend 20% ethanol into gasoline by 2025-26, from around 13% now.

(Reporting by Rajendra Jadhav; Editing by Kirsten Donovan and Devika Syamnath)

(([email protected]; +91-22-68414378 ; Reuters Messaging: [email protected]))

Aug 2 (Reuters) - Dhampur Sugar Mills Ltd DAMS.NS:

• DHAMPUR SUGAR MILLS LTD JUNE-QUARTER CONSOL NET PROFIT 15.6 MILLION RUPEES

• DHAMPUR SUGAR MILLS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.78 BILLION RUPEES

Source text for Eikon: ID:nBSE3b9ZZj

Further company coverage: DAMS.NS

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** Shares of Indian sugar companies surge on reports govt will increase minimum selling price for the commodity

** Shares of Dalmia Bharat Sugar and Industries DLMI.NS, Triveni Industries TREI.NS, Bajaj Hindusthan Sugar BJHN.NS Dhampur Sugar Mills DAMS.NS and Balrampur Chini Mills BACH.NS rise between 4% and 14%

** EID Parry EIDP.NS up 2%

** BJHN hits highest since Sept 2011

** Bajaj Hindusthan top gainer among sugar stocks YTD, up 50%, while Dhampur down 1.5% so far this year

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

BENGALURU, May 14 (Reuters) - India's Dalmia Bharat Sugar and Industries DLMI.NS reported a near 25% fall in fourth-quarter profit on Tuesday, hurt by a drop in sales in its mainstay refined sugar segment.

WHY IT'S IMPORTANT

India, the world's second-largest sugar producer, has not allowed exports in the current season to keep a lid on local prices, due to the elections and uneven rainfall in the primary sugarcane-growing states of Maharashtra and Karnataka.

Peers Dhampur Sugar Mills DAMS.NS and Dwarikesh Sugar Industries DWAR.NS too reported a fall in their respective quarterly profits.

With the majority of India's sugar mills having completed crushing for the 2023/24 season, output as of May 1 stands at 31.59 million metric tons, according to the National Federation of Cooperative Sugar Factories, down 1.8% from the previous full year.

CONTEXT

India's sugar consumption this year is poised to hit a record high as demand during the peak summer season gets a boost from heat waves and the mobilisation of millions for elections in the scorching temperatures.

Dalmia Bharat Sugar's major business segments include sugar and distillery. It supplies sugar to companies like Coca-Cola, PepsiCo, Britannia, Walmart India, Dabur, United Breweries, and Carlsberg.

The company also sells ethanol to Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum, according to its website.

BY THE NUMBERS

Dalmia Bharat Sugar reported a consolidated net profit of 933.7 million Indian rupees ($11.2 million) for the quarter ended March 31, compared with 1.24 billion rupees last year.

Revenue from operations fell 34.8% to 7.5 billion rupees.

Total sugar sales fell 42.2% during the quarter.

The company recommended a dividend of 1.25 rupees per share for fiscal 2024.

GRAPHIC

($1 = 83.4800 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru; Editing by Varun H K and Vijay Kishore)

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** Shares of Uttam Sugar Mills UTSM.NS down as much as 5.1% to 333.75 rupees; last down 4.7%

** Co on Monday reported a near 40% Y/Y fall in its Q4 profit; revenue from operations fell 11.8%

** More than 115,000 shares change hands as of 12:48 p.m. IST, 0.8x 30-day average

** Stock on track for a fourth consecutive session of losses, if trend holds

** Including session's move, stock is down 17.4% YTD, outpacing fall in its peers Dhampur Sugar Mills DAMS.NS and Balrampur Chini Mills BACH.NS which are down 12.3% and 7.7%, respectively

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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May 1 (Reuters) - Dhampur Sugar Mills Ltd DAMS.NS:

• DHAMPUR SUGAR MILLS LTD MARCH-QUARTER PROFIT 516.9 MILLION RUPEES VERSUS 578.9 MILLION RUPEES

• DHAMPUR SUGAR MILLS LTD MARCH-QUARTER REVENUE FROM OPERATIONS 6.67 BILLION RUPEES VERSUS 7.54 BILLION RUPEES

Source text for Eikon: ID:nBSE3xFS1R

Further company coverage: DAMS.NS

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** Shares of sugar maker K.M. Sugar Mills KMSU.NS slide ~6%, their steepest drop since Oct 2023

** Co reported a ~85% plunge in Q3 consol profit; rev from ops fell 39.5%, while input costs swelled ~72%

** Stock had gained 15.5% in past 2 days on heavy vols

** Dalmia Bharat Sugar DLMI.NS, Dwarikesh Sugar DWAR.NS and Dhampur Sugar Mills DAMS.NS also reported Q3 profit fall

** Shares of DWAR and DAMS fell nearly 17% each in Q3, while KMSU and DMLI fell less than 10%

** Over 2.2 mln KMSU shares traded on the day, ~3x the 30-day avg but less than previous two session

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

Feb 2 (Reuters) - Dhampur Sugar Mills Ltd DAMS.NS:

• DHAMPUR SUGAR MILLS DEC-QUARTER PROFIT 315.9 MILLION RUPEES VERSUS PROFIT 460.2 MILLION RUPEES

• DHAMPUR SUGAR MILLS LTD DEC-QUARTER REVENUE FROM OPERATIONS 4.82 BILLION RUPEES VERSUS 6.44 BILLION RUPEES

Source text for Eikon: ID:nBSE64vCzh

Further company coverage: DAMS.NS

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** Shares of Dhampur Bio Organics DHAO.NS down 4.4% to 143.35 rupees as of 12:19 p.m. IST

** Sugarcane processing co reports consolidated loss of 56.4 mln rupees ($678,471.75) for Q3 vs profit of 149.4 mln rupees yr earlier, while rev from ops falls ~39% Y/Y

** Revenue from both sugar and bio fuels & spirits segments drop 58.3% and 15.3%, while country liquor segment up 41.3%

** Trading vol 1.7x the 30-day daily avg

** Stock fell 13% in Dec. quarter after two straight quarters of gain

($1 = 83.1280 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Jan 3 (Reuters) - Dhampur Sugar Mills Ltd DAMS.NS:

• APPROVED BUYBACK OF SHARES

• SHARE BUYBACK WORTH UP TO 300 MILLION RUPEES

• SHARE BUYBACK VIA TENDER OFFER ROUTE

• BUYBACK PRICE 300 RUPEES PER SHARE

• TO BUY BACK UP TO 1 MILLION SHARES

Further company coverage: DAMS.NS

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** Shares of Dhampur Sugar Mills DAMS.NS rise as much as 7.6% to 272.8 rupees on share buyback proposal

** Stock currently trading 4.5% higher

** Sugarcane processor to consider buying back of fully paid-up equity shares on Jan 3

** If trend holds, stock set for best one-day gain since Dec. 18, when sugar companies' stocks spiked on govt planning to divert sugar for ethanol production

** Shares up for the last three weeks, gaining 5.5% during the period

** Trading vol is 2x the 30-day daily avg

** Stock rose 2.4% in 2023, gaining lowest in a year since its listing in 1994

(Reporting by Anuran Sadhu in Bengaluru)

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** Shares of Indian sugar companies rise between 1% and 3% after Reuters reported India's state fuel retailers raised procurement prices for ethanol

** Move aimed at boosting production of ethanol, which is used for blending with petrol

** Shares of Dalmia Bharat Sugar and Industries DLMI.NS, Triveni Industries TREI.NS, Bajaj Hindusthan Sugar BJHN.NS Dhampur Sugar Mills DAMS.NS rise between 1% and 3%

** Balrampur Chini Mills BACH.NS gain 3%

** Meanwhile, refiners were down, with Bharat Petroleum Corp BPCL.NS, Indian Oil IOC.NS and Hindustan Petroleum Corp HPCL.NS falling between 3%-4%

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

** Indian sugar cos' shares rise after govt says it plans to allow sugar mills to divert up to 1.7 mln metric tons of sugar for ethanol production

** Shares of Dwarikesh Sugar DWAR.NS, EID Parry EIDP.NS, Shree Renuka Sugars SRES.NS, Balrampur Chini Mills BACH.NS, Triveni Engineering TREI.NS and Dhampur Sugar DAMS.NS up 3.5%-6.5%

** EID Parry and Balrampur Chini Mills are top gainers among the six sugar companies, up 3.5% and 5.3% each

** Dwarikesh Sugar and Dhampur Sugar are top pct gainers, rising 6% and 6.5%, respectively

** EIDP hits near 1-yr high, SRES and DWAR set to gain most since August

** Analysts' average rating on BACH, TREI is equivalent of "buy", per LSEG data

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of sugar companies like Dwarikesh Sugar DWAR.NS, EID Parry EIDP.NS, Shree Renuka Sugars SRES.NS Balrampur Chini Mills BACH.NS, Triveni Engineering TREI.NS, Dhampur Sugar DAMS.NS slump between 4.4%-6.4%

** Stocks slide as Indian government plans to discourage diversion of sugar for ethanol production as part of government efforts to increase sugar output

** Triveni Engineering and Balrampur Chini Mills among the top losers

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Dhampur Sugar Mills DAMS.NS fall as much as 3.64% to 255.5 rupees

** The sugarcane processor posted 52.9% fall in Sept-quarter consolidated net profit; revenue from operations declined 9.6%

** Co's mainstay sugar segment saw 40.33% fall in revenue

** Stock below 50-,100- displaced moving averages for sixth straight day

** Stock last down 3.3%, trimming YTD gains to 3.29%

(Reporting by Aleef Jahan in Bengaluru)

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