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ISIN No
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INE179G01029
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BSE Code / NSE Code
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543267 / DAVANGERE
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Book Value (Rs.)
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3.54
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Face Value
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1.00
|
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Bookclosure
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06/08/2025
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52Week High
|
6
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EPS
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0.08
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P/E
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48.69
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Market Cap.
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531.96 Cr.
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52Week Low
|
3
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P/BV / Div Yield (%)
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1.05 / 0.00
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Market Lot
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1.00
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Security Type
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Other
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The company history sections lists out major chronological events that happened to the company.
| Davangere Sugar Company Limited ("Company" or "Issuer") was incorporated as `Davangere Sugar Company Limited' on September 28, 1970 as a public limited company under the Companies Act, 1956 with the Registrar of Companies, Mysore, Bangalore and consequently a certificate of commencement of business dated December 31, 1970 was issued to our Company.
2022
-The company issued rights shares of Rs. 10 in the ratio of 69:100 at a premium of Rs. 2.5 per share.
2023
-Company BOD approved the Expansion capacity for Ethanol Production from 65KLPD to 110 KLPD
2024
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The Company has splits its face value from Rs. 10/- to Rs. 1/-
-The Compamy has informed the Exchange regarding 'Expansion of Distillery Operations and Commissioning of CO2 Plant.
2025
-The Board of Directors of DSCL ('Board'), has inter-alia superseded the Right issue approval granted on 06th September 2024 and via a fresh resolution approved fund raise by way of offer and issuance of fully paid-up equity shares of the Company for an amount not exceeding Rs. 15000 Lakhs; to pursue the proposed Right Issue under SEBI (ICDR) (Amendment) Regulations, 2025 dated 3rd March 2025 ( 'new simplified regulations') which have considerably simplified the Rights issue process thereby making it time, process and cost efficient.
-Davangere Sugar Company Limited has informed the Exchange that the Right Issue Committee of the Company at its meeting held on July 31, 2025, has decided to issue equity shares on rights basis in the ratio of 13 : 25, i.e 13 Equity Shares for every 25 Equity Shares held. Issue Price is 3.05 per share.
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