Davangere Sugar Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2025 ,inter alia, to consider and approve fixing record date, ....
DAVANGERE · price
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Davangere Sugar Company has informed the stock exchanges that its Rights Issue Committee will meet on July 30, 2025 to finalise the terms of a previously approved Rights Issue of equity shares worth up to ₹15,000 lakhs (₹150 crore). The committee will decide the record date, issue price, entitlement ratio, and other terms and conditions, subject to regulatory approvals. This is a follow-up to the Board's July 25, 2025 approval of the rights issue. The final pricing and discount/premium to the market price are yet to be determined.
Shareholders should watch for the record date announcement, as they will need to hold shares on that date to be eligible for the rights entitlement. The actual impact on share price depends on the issue price and entitlement ratio, which are still pending.