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    DBOL — Dhampur Bio Organics News Story

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    India's Dhampur Bio Organics gains on licensing pact with Planetary

    Picture of Dhampur Bio Organics logoDhampur Bio Organics
    Wed 07:54
    BUZZ-India's Dhampur Bio Organics gains on licensing pact with Planetary
    ** Shares of Dhampur Bio Organics DHAO.NS rise 1.7% to 133.90 rupees
    ** Co enters technology licensing agreement with Switzerland-based Planetary SA for exclusive production of mycoprotein in India
    ** DHAO will pay a one-time launch fee, a one-time IT setup fee, and 10% of after-tax revenue quarterly to Planetary
    ** Stock set to snap five-session losing streak 
    ** YTD, DHAO up ~69%

     (Reporting by Vijay Malkar)
     ((VijayDattaram.Malkar@thomsonreuters.com;))

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