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Davangere Sugar Converts ₹40 Crore Promoter Loans Into 10.5 Crore Warrants


28 July 2026
Davangere Sugar Company Ltd.

Board approved increase in authorised share capital to Rs 450 Cr from Rs 200 Cr. Approved conversion of Rs 40.12 Cr promoter loans into 10.50 Cr warrants at Rs 3.82 each on preferential basis. Also approved incorporation of overseas step-down subsidiary.


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