Arihant Capital has purchased approximately 7.26 crore shares in Davangere Sugar Company for Rs. 4.1 per share. This significant investment reflects a strong interest in the sugar company by Arihant Capital.

On May 14, 2026, Davangere Sugar Co experienced significant trading activity with approximately 25 million shares exchanging hands at an average price of ₹3.65. Notably, the Craft Emerging Market Fund PCC and Citadel Capital Fund were identified as buyers in this transaction.

Davangere Sugar has reported the outcomes of its Extraordinary General Meeting (EGM) held on April 24, 2026, in accordance with SEBI's Listing Obligations and Disclosure Requirements (LODR). The company has also submitted the voting details and scrutinizer's report as per regulation 44 of LODR.

Arihant Capital has disposed of over 8 million shares of Davangere Sugar, with an average selling price of Rs. 3.72 per share on the National Stock Exchange.

Davangere Sugar has received permission to categorize two promoters as public shareholders, resulting in a reduced promoter stake of 41.6%. This move increases the public ownership to 58.4%, aligning with SEBI Regulation 31A requirements.

Davangere Sugar announces an Extraordinary General Meeting (EGM) on April 24, 2026, to discuss significant corporate changes. The plans involve increasing share capital to INR 200 crores, expanding borrowing limits up to INR 1500 crores, and securing USD 100 million in funding.

Arihant Capital has offloaded approximately 11.3 million shares of Davangere Sugar Company, with an average selling price of INR 3.75 each, as per the recent NSE bulk trades.

Davangere Sugar has approved a $100 million fundraise, aiming to boost its distillery capacity by 85,000 liters per day and increasing its share capital to 200 crore INR. This expansion aims to strengthen their position in the industry.