Davangere Sugar Company Limited — QIP/Rights/Pref., 31-07-2025: Rights Issue

Davangere Sugar has set terms for its Rights Issue, aiming to raise up to ₹149.22 Cr. Existing shareholders can buy 13 new shares for every 25 shares they own, at ₹3.05 per share. August 6 is the record date. This move will significantly expand the capital base and increase outstanding shares from 94.08 Cr to 143.00 Cr. Shareholders should consider participating to avoid dilution of their proportional ownership in the company.