Davangere Sugar Company Limited (DAVANGERE) — corporate announcements
Davangere Sugar Company Limited
$DAVANGERE
Incorporated in 1970, Davangere Sugar is in the business of Sugar Manufacturing (By-product Molasses) from Sugarcane and Co-generation of Electricity Power
Davangere Sugar's Board approved allotting 26.59 crore new equity shares after converting USD 10 million FCCBs at ₹3.60/share. This boosts the company's paid-up capital to ₹169.59 crore.
Intimation for Newspaper Publication of Notice of the Annual General Meeting ("AGM") of the Company scheduled to be held on September 12, 2026 at 11:00 A.M. (IST).
Davangere Sugar Company Limited has informed the Exchange about newspaper publications of the Un-Audited Financial Results for the quarter ended on June 30, 2026
Davangere Sugar's board approved Q1 financial results: Revenue ₹34.71 Cr, Net Profit ₹0.94 Cr. They also approved a preferential issue of 10.64 Cr convertible warrants at ₹3.77 each, raising ₹40.11 Cr from promoters. This replaces a previous plan.