Davangere Sugar Company Ltd

Davangere Sugar Holds EGM: Key Decisions on Capital & Funding 📋

- EGM held on April 24, 2026, from 11:30 AM to 11:45 PM at Thogataveera Samudhaya Bhavana, Davangere.

- 235 members attended; key attendees included Chairman Mr. Shamanur Shivashankarappa Ganesh and Executive Director Mr. Abhijith Ganesh Shamanur.

- Remote e-voting conducted from April 21, 2026, at 9:00 AM to April 23, 2026, at 5:00 PM.

- Five resolutions discussed: Increase in Authorized Share Capital, Enhancement of Borrowing Limit, Creation of Mortgage/Charge on Assets, Increase in Investment Limits for FPIs and NRIs/OCIs, Fund Raising via FCCB/ECB.

- Voting results to be announced within two working days and submitted to BSE and NSE.