Davangere Sugar Company Limited disclosed that its promoters and promoter group have not encumbered any shares during the financial year ended March 31, 2026. The declaration confirms that no shares held directly or indirectly by the promoters, along with persons acting in concert, were pledged or otherwise encumbered during this period. This filing ensures compliance with regulatory requirements regarding substantial acquisition of shares and takeovers.

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was made on April 07, 2026, by Shamanur Shivashankarappa Ganesh, Promoter and Managing Director of the company.

The declaration was submitted on behalf of the entire promoter and promoter group of Davangere Sugar Company Limited. The list includes individual promoters such as Ganesh S S, Abhijith Ganesh Shamanur, Rekha Ganesh, Anchal Ganesh Shamanur, Akhil G Shamanur, and S S Mallikarjuna. It also encompasses entities classified as promoter group, including Mafatlal Plywood Industries Private Limited and Indian Cane Power Limited.

Additionally, the disclosure covers S B Murugesh, who is identified as a person acting in concert (PAC) with the promoters. The comprehensive list of all relevant parties was provided as an annexure to the declaration submitted to the exchanges.

The company requested the exchanges to take the declaration on record. Copies of the filing were forwarded to the Chairman, the Audit Committee, and the Company Secretary and Compliance Officer of Davangere Sugar Company Limited for their information and records.

Davangere Sugar Company has reported its standalone audited financial results for the financial year ended March 31, 2026. The company posted a net profit of ₹850.66 lakh for FY26, a decline from ₹1,093.71 lakh in the previous year. Revenue from operations for the year increased to ₹23,877.26 lakh compared to ₹21,498.53 lakh in FY25.

Annual Financial Performance

The full-year results show a contraction in profitability despite a rise in topline revenue. The following table summarises the key financial metrics for the year:

Q4 Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹194.99 lakh, marginally higher than ₹194.25 lakh in the corresponding quarter of the previous year. Revenue for Q4 FY26 surged to ₹8,382.38 lakh from ₹5,690.69 lakh in Q4 FY25. Total income for the quarter stood at ₹8,448.91 lakh.

Segment Results

The company operates across Sugar, Co-generation, Aviation, and Distillery segments. For the year ended March 31, 2026, the Distillery segment contributed the maximum revenue of ₹13,174.31 lakh, followed by Sugar at ₹9,888.98 lakh. The Co-generation segment reported a revenue of ₹709.51 lakh, while the Aviation segment generated ₹104.46 lakh.

Board and Audit Details

The audited financial results were considered and approved by the Board of Directors at a meeting held on May 29, 2026. The audit report was issued by M/s D G M S & Co., Chartered Accountants, the statutory auditors of the company. The meeting commenced at 05:00 P.M. and concluded at 05:30 P.M.

Regulatory Filing

Pursuant to Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, the company submitted newspaper publications of the audited financial results. The extract was published in The Indian Express (English) and Nagravani (Kannada) on May 31, 2026.