Davangere Sugar Company Rights Issue 2022 Detail

Davangere Sugar Company’s: basic strategy is to develop a sugarcane growing area. During the season 2020-21, The Company was having a sugarcane growing area of 8580 acres of land and crushed about 3,31,712 MTs of sugarcane. During the current season, 2021-22 the company’s strategy is to crush 5,50,000 MTs of sugarcane and to develop a sugarcane growing area of about 15,000 acres to ensure the availability of the sugarcane to the extent of 6,00,000 MTs every year.

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Davangere Sugar Company Rights Issue Date, Details, Price

Issue Start Date: 16 June 2022
Issue Close Date: 30 June 2022
Issue Size 48 Crores
Price 12.5 Per share
Ratio 69 Rights Equity Shares for every 100 fully paid-up Equity Shares held on the Record Date
Face value 1 per share
Market lot 1 per share
Listing At BSE
Equity 3,84,00,000 Eq Shares
Letter Download
Application Form Download

Davangere Sugar Company Rights Issue Timetable

Record Date: 27 May 2022
Deemed Date of Allotment: 2022
Renunciation of Rights Entitlements: 27 June 2022

Davangere Sugar Company Rights Issue Contact Details

Davangere Sugar Company Limited
No. 19, Shivashankar Plaza,
3rd floor, Richmond Circle,
Lalbagh Road, Bengaluru – 560 027, Karnataka
Phone: +91 80 2227 2183
Email: [email protected]
Website: https://www.davangeresugar.com/

Davangere Sugar Company Rights Issue Lead Manager

605, Center Point, 6
th floor, Andheri Kurla Road, J. B. Nagar,
Andheri (East), Mumbai – 400 059,
Maharashtra, India.
Telephone: +91 22 4973 0394
Facsimile: NA
E-mail: [email protected]
Website: www.saffronadvisor.com
Investor grievance: [email protected]
Contact Person: Amit Wagle / Gaurav Khandelwal
SEBI Registration Number: INM 000011211
Validity of Registration: Permanent

Davangere Sugar Company Rights Issue Registrar

No 30 Ramana Residency, 4th Cross Sampige Road,
Malleswaram, Bengaluru, Karnataka – 560 003
Telephone: +91 80 2346 0815 to 819
Facsimile: +91 80 2346 0819
E-mail: [email protected]
Website: www.integratedindia.in
Contact person: S Giridhar/ K Harish
Investor grievance: [email protected]
SEBI Registration No: INR000000544
Validity of Registration: Permanent

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