Davangere Sugar Company Limited — Others, 19-07-2025: Appointment

Davangere Sugar issued a clarification correcting the tenure end date for its newly appointed Independent Director, Mr. Achal Kapoor, to July 15, 2030, instead of July 16, 2030 for his 5-year term. This update follows the stepping down of Mr. Thappagondanahally Rajashekarappa, whose five-year term as an Independent Director concluded. Mr. Kapoor, bringing over a decade of experience in corporate and securities law, has been appointed an Additional Independent Director, pending shareholder approval. His appointment also led to a significant reconstitution of the Audit, Nomination & Remuneration, and Corporate Social Responsibility Committees, introducing fresh oversight and expertise to these crucial board functions.