Davangere Sugar Company rights issue

DAVANGERE

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Last updated on 8 Aug, 2025 | 15:56 IST
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Davangere Sugar Company Right Issue Details

Record Date

06-Aug-2025

Price

2.05

Ratio

13:25

Face Value

1

Upcoming Rights Issue Of Shares

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Davangere Sugar Company FAQs

The subscription period for Davangere Sugar Company’s rights issue is 25-07-2025 to 06-08-2025. The record date will be 06-08-2025. The subscription window period is usually 15 to 30 days.

As per the ratio of 13:25, the issue price of the shares under Davangere Sugar Company’s right issue on the record date of 06-08-2025 is 2.05 per equity share.

You can apply for Davangere Sugar Company’s right issue online if your bank supports the Applications Supported by Blocked Amount (ASBA) process.
For offline, Davangere Sugar Company’s Registrar and Transfer Agent (RTA) sends the Composite Application Form (CAF) to each shareholder entitled to receive the Rights Issue. Fill out and submit the form to a Self-Certified Syndicate Bank (SCSB) branch (WEB).
Alternatively, you can use your bank account sharing the same PAN number as your Choice Demat account to apply for Davangere Sugar Company's rights issue.

The record date for Davangere Sugar Company rights issue 2025 is 06-08-2025

The last day to apply for Davangere Sugar Company’s rights issue is 06-08-2025. This date typically falls within a period of 15 to 30 days, from the Rights Issue Opening Date, which in this case is 25-07-2025.

Yes, subscribing to Davangere Sugar Company’s right issue has certain tax implications:
  1. Subscription: There’s no immediate tax liability. The cost of acquisition is the subscription price plus transaction charges.
  2. Capital Gains on Sale:
    • Short-Term: Gains from shares sold within 12 months are taxed at 20%.
    • Long-Term: Gains from shares held over 12 months are taxed at 12.5% (exceeding ₹1.25 lakh annually).
  3. Renunciation:
    • Selling rights entitlement attracts capital gains tax.
    • Gifted rights have no immediate tax but may impact the recipient later.
  4. Dividend Income: Taxed at the shareholder's applicable slab rate.
You may consult a tax professional or review the latest tax laws for specific advice.