DAVANGEREBSEDAVANGERE SUGAR COMPANY LMinimalNeutral
Announced Wed, 9 Sept · 21:27 IST

Corrigendum to AGM Notice published; warrant issue price fixed at Rs 3.77

DAVANGERE · price

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Price reaction · full curve 14 horizons · vs prior close
+20.7%1-day move
₹1.74
prior close
₹1.75
base price
After-mkt
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+1.7+1.7+2.9+2.3+20.7+29.3+21.3+19.5+19.5
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AI summary

Davangere Sugar Company has published a corrigendum to its AGM Notice dated August 14, 2026, in newspapers (New Indian Express and Vijay Karnataka) and on its website. The corrigendum amends points 15 and 16 of the Explanatory Statement for Item No. 8, relating to a proposed preferential issue. It fixes the issue price at Rs 3.77 per Convertible Equity Warrant under SEBI Regulation 164, since shares are frequently traded on BSE and NSE. Valuation report and PCS Certificate are available on the company website.

Likely market impact

Procedural update ahead of AGM; clarifies warrant pricing for the proposed preferential issue and where to view supporting documents.