Davangere Sugar Company Limited Declares No Encumbrance on Promoter Shares for FY2026
Davangere Sugar Company Limited has issued a declaration confirming that the company's promoters and the promoter group have not created any encumbrances over their shares, directly or indirectly, during the financial year ended March 31, 2026.The declaration addresses the interests of the company and its associated individuals regarding the shareholding status of the founders. The statement confirms that, as of the reporting period, there were no encumbrances placed on the shares held by the promoters or those acting in concert.
The promoter group making this declaration includes several key individuals and entities. Details of the promoter group and persons acting in concert are as follows:
| Name of the person and Persons Acting in Concert (PAC) with the Person | Whether the Person belongs to Promoter/Promoter Group |
|---|---|
| GANESH S S | PROMOTER |
| ABHIJITH GANESH SHAMANUR | PROMOTER |
| REKHA GANESH | PROMOTER |
| ANCHAL GANESH SHAMANUR | PROMOTER |
| AKHIL GSHAMANUR | PROMOTER |
| S S MALLIKARJUNA | PROMOTER |
| MAFATLAL PLYWOOD INDUSTRIES PRIVATE LIMITED | PROMOTER GROUP |
| INDIAN CANE POWER LIMITED | PROMOTER GROUP |
| S B MURUGESH | PERSON ACTING IN CONCERT |
DAVANGERE Stock Price Movement
Davangere Sugar Company Limited shares settled at ₹3.61 today after trading flat, registering a 0.00% change in post-market activity. The stock saw steady movement during the session, supported by a total traded volume of 3.38 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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