Davangere Sugar Company's board approved fundraising up to USD 100 million via FCCB/ECB or other equity-linked instruments on March 30, 2026.
Authorised Share Capital proposed to increase from ₹150 crores to ₹200 crores, subject to shareholder approval, with MOA amendment.
Distillery capacity to expand from 65 KLDP to 85 KLDP addition at ₹127.50 crores investment via FCCB funding within 18 months.