Davangere Sugar Company Limited has informed the Exchange regarding Outcome of Committee Meeting held on July 31, 2025.

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DAVANGERE · price

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Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹3.30

prior close

₹3.39

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%+1.9% vs market

Other Agricultural Products peers, median of 51sector-0.3%+0.6% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 0.6 pts more than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.6

15m

-0.9

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3-1.6+1.9-0.3+0.6

Next day

+2.4-1.1+3.5-0.5+2.9

+2.7-1.4+4.1-1.4+4.2

-1.2-2.5+1.3-2.3+1.1

-1.5-2.8+1.3-2.7+1.2

-3.3-3.6+0.3-2.6-0.8

-1.8-3.4+1.6-2.4+0.6

15d

+2.1-1.4+3.5-2.2+4.3

+18.5-2.7+21.2-3.7+22.2

+22.1-3.1+25.2-6.1+28.2

+13.6+0.4+13.2-6.1+19.8

UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 51Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Davangere Sugar Company has finalised the terms of its Rights Issue following a committee meeting on July 31, 2025. The company will issue up to 48.92 crore fully paid-up equity shares of ₹1 face value at ₹3.05 per share (including a ₹2.05 premium), raising up to ₹14,921.80 lakhs (about ₹149.22 crore). The entitlement ratio is 13 Rights Shares for every 25 shares held, and the record date is set for August 6, 2025. The rights issue opens on August 14, 2025, and closes on August 29, 2025. Post-issue, total outstanding shares could rise to about 143 crore from the current 94.08 crore assuming full subscription.

Likely market impact

Eligible shareholders as on the record date (August 6, 2025) will get rights to buy additional shares at ₹3.05 and must decide whether to subscribe, renounce, or let the rights lapse. The stock may see dilution and price pressure around the record date, but fresh capital will strengthen the company's balance sheet for growth or debt reduction.