Davangere Sugar Company Appoints Vishwanath Patil as Company Secretary and Compliance Officer

Davangere Sugar Company Limited has announced the appointment of Mr. Vishwanath Patil as its Company Secretary and Compliance Officer, effective May 18, 2026. The decision was taken at a Board of Directors meeting held on the same date, in accordance with Section 203 of the Companies Act, 2013 and Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The Board of Directors convened on May 18, 2026, to formalise the appointment. The meeting commenced at 05:00 P.M. and concluded at 05:30 P.M. The intimation has been made under Regulation 30 of the SEBI Listing Regulations, read with Para A of Part A of Schedule III, and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Appointment Details

The key details of the appointment, as disclosed under Regulation 30 of the SEBI Listing Regulations, are summarised below:

Parameter:	Details
Name:	Mr. Vishwanath Patil
Membership No.:	ACS A26971
Designation:	Company Secretary and Compliance Officer
Effective Date:	May 18, 2026
Reason for Change:	Appointment
Relationship with Directors:	Not Applicable

Profile of the Appointee

Mr. Vishwanath Patil is a Company Secretary and Compliance Professional with over 14 years of expertise across multiple domains. His professional background spans corporate secretarial practices, corporate governance, legal advisory, and finance. He has previously worked with leading organisations including Brickwork Ratings India Pvt. Ltd., Nitstone Finserv Pvt. Ltd., and BDI India Pvt. Ltd. In these roles, he managed statutory compliance, SEBI/RBI reporting, legal documentation, and corporate governance responsibilities.

The announcement was signed by S.S. Ganesh, Managing Director (DIN: 00451383) of Davangere Sugar Company Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.29%	+15.49%	+19.57%	+22.22%	+14.58%	-51.81%

Davangere Sugar Company Limited has submitted the complete summary of proceedings of its 1st Extra Ordinary General Meeting (EGM) for FY 2026-27 to BSE Limited and National Stock Exchange of India Ltd. The meeting was held on April 24, 2026, at Thogataveera Samudhaya Bhavana, M.C.C. 'A' Block, Davangere – 577004, pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Meeting Details and Attendance

The EGM commenced at 11:30 A.M. and concluded at 11:45 P.M. A total of 235 members attended the meeting as per attendance records. The meeting was chaired by Mr. Shamanur Shivashankarappa Ganesh, Chairman and Managing Director, who welcomed shareholders and confirmed the requisite quorum under Section 103 of the Companies Act, 2013.

S. No.	Name	Designation
1.	Mr. Shamanur Shivashankarappa Ganesh	Chairman and Managing Director
2.	Mr. Abhijith Ganesh Shamanur	Executive Director
3.	Mrs. Swathi Shamanur	Non-Executive Director
4.	Mr. Onkrappa P.	Chief Financial Officer
5.	Miss. Uma Singh	Company Secretary and Compliance Officer

Leave of Absence and Voting Arrangements

The Chairman informed members that leave of absence was granted to three Independent Directors due to prior professional commitments: Mrs. Vineeta Dilip Modak (DIN: 10763274), Mr. Achal Kapoor (DIN: 09150394), and Mrs. Hima Bindu Sagala (DIN: 09520601).

The Company provided remote e-voting facility from April 21, 2026, at 9:00 a.m. to April 23, 2026, at 5:00 p.m. Ms. Ashwini Inamdar, Practicing Company Secretaries, Mumbai, was appointed as the scrutinizer for the e-voting process. Members present at the EGM were provided polling facility, with no voting by show of hands.

Special Business Transacted

The meeting transacted five special business items as per the Notice of the EGM:

S. No.	Particulars of Business	Nature of Resolution
1.	Increase in Authorized Share Capital and Alteration of Capital Clause of Memorandum of Association	Ordinary
2.	To consider and enhance the borrowing limit of the Company over and above the limit as prescribed under Section 180 (1)(c) of the Companies Act, 2013	Special
3.	Approval under section 180(1)(a) of the companies act, 2013 inter alia for creation of mortgage or charge on the assets, properties or undertaking(s) of the company	Special
4.	Increase in investment limits for foreign portfolio investors and non-resident Indians/ overseas citizens of India	Special
5.	To approve raising of funds and issuance of securities through FCCB and/or ECB and/or any other permissible modes	Special

Regulatory Compliance and Next Steps

The combined results of remote e-voting and poll will be announced within two working days of the conclusion of the EGM and submitted to the stock exchanges as per SEBI Listing Regulations. The detailed voting results on all resolutions will be submitted separately under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, within the stipulated timeline.

The Chairman expressed gratitude to all members for their attendance and participation before formally concluding the meeting at 11:45 P.M.