ALPHA TRIBE

Davangere Sugar Company LimitedBoard Meeting, 28-07-2026: Outcome of Board Meeting

28-07-2026 | 05:00 pm

DAVANGERE SUGAR's board approved increasing authorized capital to Rs 450 Cr (from Rs 200 Cr). They also greenlit converting promoter loans worth ~Rs 40.12 Cr into 10.5 Cr warrants (Rs 3.82/warrant) and setting up overseas subsidiaries. All actions are subject to shareholder approval.

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