Davangere Sugar Company Ltd.
Fundamentals
- Market cap
- ₹513 cr
- P/E
- 60.34×
- ROE
- 3.10%
- Debt / equity
- 0.77
- 52-week range
- 3.03 — 5.48
The timeline — 2 notes on Davangere Sugar Company Ltd.
July 2026
- 03 Jul 26 · 9:23 PM IST Alert Alert · Micro cap
Davangere Sugar's FCCB could flood 264 cr shares at ₹3.60
The USD 100M bond issue, netting USD 85M at a 15% discount, would massively dilute a ₹513 cr micro-cap.
- 03 Jul 26 · 9:18 PM IST Alert Alert · Micro cap
Davangere Sugar's ₹952 cr FCCB plan risks massive dilution
The micro-cap sugar company is raising nearly double its market cap via FCCBs convertible into 2,645 crore shares at ₹3.60 each, overwhelming existing equity.