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Right Issue Status: Closed [16th Jun 2022 to 15th Jul 2022]
Davangere Sugar Right Issue Rs. 48 Cr opens for subscription from 16 June to 15 July 2022. The company issues 69 right equity shares for every 100 fully paid-up equity shares held on the record date, 27 May 2022. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 12.5 per share. The full amount of Rs. 12.5 per rights equity share is payable on the application. Stay updated with us to know more about the Davangere Sugar Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.
The company aims to utilize the net proceeds towards the following objectives;
| Davangere Sugar Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 3.84 crores |
| Right Issue Issue Size (Amount) | ₹48 crores |
| Face Value | ₹10 Per Equity Share |
| Right Issue - Issue Price | ₹12.5 per share |
| Right Issue Record Date | 27th May 2022 |
| Right Issue Entitlement | 69 Rights Equity Shares for every 100 fully paid-up Equity Shares held on the Record Date |
| Right Issue Terms of payment | The full amount of the Issue Price of Rs 12.50 per Rights Equity Share shall be payable at the time of Application. |
| Listing At | BSE |
| BSE Code | 543267 |
| NSE Code |
In this section we have covered all important dates related to Davangere Sugar Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
| Right Issue Activity | Date |
|---|---|
| Right Issue Issue Open Date | 16th Jun 2022 |
| Right Issue Issue Close Date | 15th Jul 2022 |
| Basis of Allotment Finalisation Date* | 20th Jul 2022 |
| Refunds Initiation* | 20th Jul 2022 |
| Credit of Shares to Demat Account* | 20th Jul 2022 |
| Right Issue Listing Date* | 21st Jul 2022 |
* - Tentative Dates
Zerodha Trade@20
Davangere Sugar is a Karnataka-based company that is engaged in the business of manufacturing sugar and sugar-related products. Its sugar plant has a total manufacturing capacity of 5000 TCD.
Past performance and financial results of Davangere Sugar.
| Davangere Sugar Financials (₹ in Cr) | 31-Mar-2021 | 31-Mar-2020 |
|---|---|---|
| Total Assets | ₹438.77 | ₹453.96 |
| Total Income | ₹147.81 | ₹203.06 |
| Net Profit/Loss | ₹2.50 | ₹2.07 |
The table below is live update of Right Issue bidding details from NSE and BSE.
Davangere Sugar Right Issue Offer Document (Letter of Offer) >>Document
Davangere Sugar Right Issue Offer Document (Letter of Offer) >>Davangere Sugar Right Issue Red Herring Prospectus is not yet available.
Davangere Sugar Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Davangere Sugar Right Issue Online Application (Registrar & Transfer Agent) >>Davangere Sugar Right Issue RTA information is not yet available.
Last Updated on 2022-07-11T15:33:49+00:00
