Davangere Sugar Company Limited — Board Meeting, 09-07-2026: Outcome of Board Meeting

Davangere Sugar's Board approved the allotment of Unsecured Foreign Currency Convertible Bonds (FCCBs) for USD 100 Million. The company received USD 85 Million in subscriptions for these 5-year bonds, carrying a 2% annual coupon rate. This marks a significant fundraising move.