₹ 3.52 +0.07 (2.03%)
- NSE
- BSE
Overview
- BSE Code 543267
- NSE Symbol DAVANGERE
- ISIN Demat INE179G01029
- Book Value (₹) 1.99
- Face Value (₹) 1.00
- Market Cap (₹ Cr.) 325.53
- P/E (TTM) 28.83
- EPS (TTM) 0.12
- Div Yield (%) 0.00
Performance
Corporate Actions
Davangere Sugar Company Limited - Board Meeting Intimation
Apr 28, 2025DAVANGERE SUGAR COMPANY LIMITED has informed the Exchange about Board Meeting to be held on 05-May-2025 to inter-alia consider and approve the Audited Financial results of the Company for the Yearly ended March 2025 .
Davangere Sugar Company Limited - Board Meeting Intimation
Apr 28, 2025DAVANGERE SUGAR COMPANY LIMITED has informed the Exchange about Board Meeting to be held on 05-May-2025 to inter-alia consider and approve the Audited Financial results of the Company for the Yearly ended March 2025 .
About Davangere Sugar Company Ltd
Davangere Sugar Company Ltd is Karnataka-based sugar manufacturing company. The company is in the business of manufacturing sugar based products and co-generation power. The company is situated at Kukkuwada village, Davangere Taluk and District, Karnataka.
Davangere Sugar Company Ltd was formally created and deployed as a legal entity in the year 1970 as a joint sector undertaking. The company commenced commercial operations in October 1974 with an installed capacity of 1250 TCD. Owing to continuous losses, the company was declared a sick unit during the year 1986-87. Subsequently, with the debt restructuring and support from financial institutions, the company came out of BIFR in 1996.
In the year 1995, Shamanur group along with persons acting in concert assumed full control of the controlling stake in the company. From the year 1998 till 2004, the company had broadened its footprint their capacities from 1250 TCD to current level of 3500 TCD.
In the year 2003, the company installed their 24.5-MW cogeneration unit with an investment of Rs 80 crore. This was completed within a year - the lowest time period achieved in India. Also, the company is the first in Karnataka to install a high-pressure/ temperature configuration of 86.5 kg/ sq cm pressure and 515 degree celcius temperature in a sugar cogeneration unit.
During the year 2003-04, the company increased the production capacity of sugar by 1,000 TCD to 3,500 TCD. In March 24, 2004, they started commercial operation of power.
Founded | : 1970 |
Chairman | : SHAMANUR SHIVASHANKARAPPA GANESH |
Managing Director | : SHAMANUR SHIVASHANKARAPPA GANESH |
Address | : 73/1 Post Box No 312, Shamanur Road, Davangere, Karnataka, 577004, |
- PAN Card
- Cancelled Cheque
- Latest 6 month Bank Statement (Only for Derivatives Trading)