Davangere Sugar Company Limited has announced the full subscription of its FCCB (Foreign Currency Convertible Bonds) issue. This issue, with a coupon rate of 2% and a discount of 15% on the issue price, aggregated to USD 85 Million (approximately ₹952.41 crore). The FCCB offering was fully subscribed as per the Offering Circular. The issue had opened on July 3rd, 2026, and closed on July 8th, 2026, at the close of business hours. This intimation is made under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.
