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Davangere Sugar to convert Rs 40.12 crore promoter loan into equity warrants, doubles authorised capital

📰 Chinimandi 🕐 1 min read 📅 August 20, 2026 👁 3 views
Davangere Sugar to convert Rs 40.12 crore promoter loan into equity warrants, doubles authorised capital
Davangere Sugar Company Limited will seek shareholder approval to issue convertible equity warrants to its promoters against outstanding unsecured loans, along with a more than doubling of its authorised share capital, according to the notice for the company’s 55th Annual General Meeting (AGM). The AGM is scheduled to be held on Saturday, September 12, 2026, [...] Vivek Waghmode
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