Davangere Sugar Company Limited has informed the Exchange that Record date for the purpose of Rights is 06-Aug-2025.
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Davangere Sugar Company has fixed Wednesday, August 6, 2025 as the Record Date for its upcoming Rights Issue of equity shares. Shareholders holding shares on this date will be eligible to receive Rights Entitlements under the issue. The decision was taken by the Rights Issue Committee at its meeting held on July 31, 2025. The intimation has been filed with both BSE (Scrip Code: 543267) and NSE (Symbol: DAVANGERE) under Regulation 42 of SEBI Listing Regulations. Key details such as the rights issue ratio, issue price, and total size have not been disclosed in this particular filing.
Shareholders who hold Davangere Sugar shares as of the record date (August 6, 2025) will be eligible to participate in the rights issue. Typically, rights issues require shareholders to invest additional capital, and shares may trade ex-rights shortly before the record date, often leading to a price adjustment. Investors should watch for further disclosures regarding issue price and ratio.