Davangere Sugar Company Limited Right Issue

₹149.22 Cr BSE, NSE 14 Aug 2025 – 29 Aug 2025

Closed Ratio: 13 : 25 BSE, NSE
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Issue Price
₹3.05
Face Value
₹1.00
Issue Size (Shares)
489,239,202
Issue Size (₹ Cr.)
₹149.22
📅 Right Issue Timetable
Last Date to Buy SharesTue, Aug 5, 2025
Record DateWed, Aug 6, 2025
Credit of Rights EntitlementsMon, Aug 11, 2025
Bid/Offer Opens OnThu, Aug 14, 2025
Issue Open DateThu, Aug 14, 2025
Renunciation Last DateMon, Aug 25, 2025
Bid/Offer Closes OnFri, Aug 29, 2025
Issue Close DateFri, Aug 29, 2025
Deemed Date of AllotmentMon, Sep 1, 2025
Credit DateTue, Sep 2, 2025
Listing DateWed, Sep 3, 2025
📋 Right Issue Details
Issue Size (Shares)489,239,202
Issue Size (Amount)₹149.22 Cr.
Issue Price₹3.05 per share
Face Value₹1.00 per share
Entitlement Ratio13 : 25
Listing AtBSE, NSE
Terms of PaymentThe entire issue price of Rs 3.05 is payable on the application.
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-31FY I
Income214.99216.53
EBITDA
Net Worth195.04185.21
Reserves & Surplus100.9691.12

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Repayment or prepayment, in full or in part, of all or a portion of certain borrowing availed by the Company;
2Adjustment of Unsecured Loans of the Promoter through conversion of the outstanding Loan to Equity against their Rights Entitlement;
3General corporate purposes.
🏢 About the Company
Davangere Sugar Company Limited (DSCL) is an Indian company established in 1970 that specialises in sugar manufacturing, with diversified operations extending to ethanol production and the co-generation of power.

The company focuses on sustainable practices, innovation, and community development, aiming to be a leader in sustainable sugar and renewable energy production, delivering innovative solutions that benefit communities and the environment.

The company produces sugar from sugarcane, as well as by-product molasses.

The company also produces ethanol and operates a cogeneration power plant.

The sugar unit buildings cover approximately 2,83,874 square feet, and they have five warehouses with a combined storage capacity of over six lakh quintals of sugar.
📞 Company Contact
CompanyDavangere Sugar Company Limited
Address73/1,P.B.No. 312
Shamanuru Road,
Davanagere, 577004
Phone08022272183
Emaildavangeresugars@gmail.com
WebsiteVisit ↗
📝 Registrar
NameIntegrated Registry Management Services Pvt.Ltd
Phone044-28140801/28140803
Emailirg@integratedindia.in
WebsiteVisit ↗