Davangere Sugar Company Launches ₹149.22 Crore Rights Issue
Published on: Aug. 14, 2025, 2:26 p.m. | Source: Devdiscourse
Davangere Sugar Company Limited initiates a ₹149.22 crore Rights Issue to repay loans and enhance business operations. The offering involves 48.92 crore shares at ₹3.05 each. Funds will aid loan repayment, expand ethanol production, improve facilities, and promote sustainable practices. This marks a significant growth phase for the company.
