Davangere Sugar Company Ltd - 543267 - Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of The Company Held On July 28, 2026.
Davangere Sugar's board approved increasing its authorised share capital to ₹450 crore and converting ₹40.11 crore in loans into 10.50 crore warrants at ₹3.82 each, allotted to promoters. The board also greenlit the incorporation of an overseas step-down subsidiary and appointed a cost auditor for FY27.
Jul 28 2026 16:48:44
Davangere Sugar Company Ltd - 543267 - Board Meeting Outcome for Investment In Wholly Owned Subsidiary.
Davangere Sugar's Board approved an investment of USD 84.95 million in Aurevant Global Limited, UK, a wholly-owned foreign subsidiary. This move expands the company's business in ethanol and sugar products utilizing previously raised FCCB proceeds.
Jul 25 2026 11:57:09
Davangere Sugar Company Ltd - 543267 - Board Meeting Intimation for Consideration And Discussion The Proposal For Raising Funds By Way Of Issue Of Convertible Warrants.
Davangere Sugar Company's Board of Directors will convene on July 28, 2026. The meeting agenda includes discussing a proposal to raise funds through convertible warrants, preferential issue, or other permissible modes. This fundraise would be subject to necessary approvals, including from shareholders.
Jul 23 2026 18:38:44
Davangere Sugar Company Ltd - 543267 - Listing Of Foreign Currency Convertible Bonds (Fccbs) On The Afrinex Stock Exchange, Mauritius
Davangere Sugar's USD 100 million, 2% coupon Foreign Currency Convertible Bonds (FCCBs) due July 2031 have been admitted for listing on AFRINEX Exchange. This significant capital raise marks a new financing development for the company.
Jul 09 2026 18:00:06
Davangere Sugar Company Ltd - 543267 - Announcement under Regulation 30 (LODR)-Allotment
Davangere Sugar Company's board approved the allotment of USD 100 million Foreign Currency Convertible Bonds (FCCBs). These unsecured bonds carry a 2% coupon rate and mature in 5 years.
Jul 09 2026 13:44:03
Davangere Sugar Company Ltd - 543267 - FCCB Offering Was Fully Subscribed In Terms Of The Offering Circular
Davangere Sugar Company Limited has successfully completed its Foreign Currency Convertible Bond (FCCB) issue, raising USD 85 million (approximately Rs. 809.55 crore). The offering, comprising 1000 FCCBs with a 2% coupon rate, was fully subscribed and closed on July 8, 2026.
Jul 08 2026 19:13:30
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