Davangere Sugar Company
3.85
-0.13(-3.27%)
Market Cap₹550.58 Cr
PE Ratio49.75
IndustryFMCG
Company Performance:
1D-3.27%
1M+23.40%
6M-1.03%
1Y-46.97%
5Y-57.83%
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More news about Davangere Sugar Company
26Jul 25
Davangere Sugar Company to Finalize ₹150 Crore Rights Issue Terms on July 30
Davangere Sugar Company Limited's Rights Issue Committee will meet on July 30, 2025, to finalize parameters for a rights issue of up to ₹150 crore. The committee will determine the record date, issue price, entitlement ratio, and other terms. This follows the Board's approval on July 25, 2025, superseding a previous ₹400 crore rights issue approval. The company has submitted a Draft Letter of Offer to stock exchanges and awaits regulatory approvals.
25Jul 25
Davangere Sugar Company Revises Rights Issue to Rs 150 Crore, Down from Earlier Rs 400 Crore Plan
Davangere Sugar Company Limited has revised its rights issue, reducing the fundraising target from Rs 400 crore to Rs 150 crore. The decision was made during a board meeting on July 25, 2025, replacing the earlier approval from September 6, 2024. The revised issue will offer fully paid-up equity shares with a face value of Re 1 each to eligible shareholders. Specific terms, including issue price and rights entitlement ratio, will be determined later. The rights issue is subject to regulatory approvals, and the exact number of securities will be finalized after receiving in-principle approval from Stock Exchanges.
22Jul 25
Davangere Sugar Company Reschedules Board Meeting to Consider Rights Issue
Davangere Sugar Company Limited (DSCL) has rescheduled its Board of Directors meeting to July 25, 2025, to consider a fund-raising proposal through a rights issue. The meeting, previously planned for July 09, 2025, will discuss potential changes to the issue size, superseding a previous board resolution from September 6, 2024. This change is due to new SEBI regulations simplifying the rights issue process. The company has informed stock exchanges in compliance with SEBI regulations.
Davangere Sugar Company
3.85
-0.13
(-3.27%)
1 Year Returns:-46.97%
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