ALPHA TRIBE

Davangere Sugar Company LimitedBoard Meeting, 03-07-2026: Outcome of Board Meeting

03-07-2026 | 09:29 pm

Davangere Sugar's Board approved raising USD 100M (approx. ₹952.41 Cr) via Unsecured FCCBs. These 5-year bonds carry a 2% coupon and are issued at a 15% discount, a move to strengthen its capital base.

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