Davangere Sugar Company Limited has informed the Exchange that Record date for the purpose of Rights is 06-Aug-2025.

Corporate Actions View source PDF Explain this filing

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 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.

Likely market impact

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.