23-Oct-2026 16:43:05
DAVANGEREGeneral news
DAVANGERE SUGAR : GETS BOURSE NOD FOR RS 40.12 CR PREFERENTIAL WARRANTS TO PROMOTERS
• In-principle approval from BSE and NSE for 10,64,11,079 convertible warrants at ₹3.77 per warrant • Each warrant converts into one equity share of face value Re 1, issued on preferential basis to promoters • Issue was approved by shareholders of the company; approvals dated 22nd October 2026 Impact: Neutral (Procedural clearance for promoter warrant issue; no fresh operational or earnings detail)
Davangere Sugar Company Ltd
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