Davangere Sugar Rights Issue 2022 Date, Price, Allotment & Ratio


Davangere Sugar Rights issue date is to start on June 16 and will close on June 30. The Davangere Sugar Rights issue record date is May 27, 2022. The entitlement ratio is 69:100, 69 right shares for every 100 fully-paid equity shares held on the record date. Check out Davangere Sugar rights issue details.

Davangere Sugar

Davangere Sugar Rights Issue 2022 Dates

 Rights Issue Open:  June 16, 2022
 Rights Issue Close:  June 30, 2022
 Rights Record Date:  May 27, 2022
 Deemed Date of Allotment  2022
 Renunciation of Rights Entitlements  June 27, 2022

Davangere Sugar Rights Issue 2022 Offer Details

 Rights Issue Size:  Approx ₹48.00 Crores
 Price Band:  ₹12.5 Per Equity Share
 Face Value:  ₹10 Per Equity Share
 Listing on:  BSE
 Entitlement Ratio:   69:100 (69 rights share for every 100 shares)
 Equity:  3,84,00,000 Equity Share
 Letter of Offer:  Click Here
 Application Form:  Click Here
 Live Share Price:  Click Here

About Company – Davangere Sugar

Incorporated in 1970, Davangere Sugar Company Limited (DSCL) is a manufacturer of sugar and sugar products. The company is located in Kukkuvada village, 15kms away from Davangere city, Karnataka state. They have a present capacity of the sugar plant is 5,000 TCD. The capacity of the sugar plant expanded from 3500 TCD to 5000 TCD in the year 2012. The total sugar unit buildings covers an area of about 2,83,874 Sq.fts. Three big go-down facilities are in existence for storage of sugar with a capacity to store 1,00,000 Qtls to 1,50,000 Qtls. Further two go-downs with a capacity to store 100,000 Qtls and 1,75,000 Qtls of sugar are under construction expected to be completed by June, 2014.

Davangere Sugar Rights Issue 2022 Form & How to Apply

How to apply the Davangere Sugar Rights issue? You can check Davangere Sugar Rights issue details on click here. You can apply the Davangere Sugar Rights issue via form download on NSE & BSE website where you can download blank forms & submit them to your bank or broker. You can apply online via ASBA or UPI via your Demat account details.

Davangere Sugar Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2021 ₹148 ₹136 ₹2.50
2022 ₹124 ₹109 ₹5.68

Davangere Sugar Rights Issue 2022 Allotment Status

Integrated Registry Management Services Private Limited

Phone: + 91 44 2814 0801 to 803

Email: irg@integratedindia.in

Website: http://www.integratedindia.in/

Check the Davangere Sugar Rights issue on Integrated website allotment URL. Click Here

Davangere Sugar Rights Issue 2022 Lead Managers

  • Saffron Capital Advisors Private Limited

Company Address:

Davangere Sugar Company Limited

No. 19, Shivashankar Plaza,

3rd floor, Richmond Circle,

Lalbagh Road, Bengaluru – 560 027, Karnataka

Phone: +91 80 2227 2183

Email: davangeresugars@gmail.com

Website: https://www.davangeresugar.com/

Davangere Sugar Rights Issue 2022 FAQs:

When is Davangere Sugar Rights Issue 2022 Record Date?

Davangere Sugar Rights Issue 2022 record date is June 16, 2022.

What is Davangere Sugar Rights Issue 2022 Price?

The company has fixed the price at ₹12.50 per equity share.

What is the Davangere Sugar Rights Issue 2022 Ratio?

The company has fixed the ratio (69:100), 69 Rights Equity Share for every 100 Equity Shares as on record date.

How to apply for Davangere Sugar Rights Issue 2022?

As per the record date you need to have Davangere Sugar Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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