Outcome of Board Meeting

D A V A N G E R E S U G A R C O M P A N Y L I M I T E D CIN: L10721KA1970PLC001949 Date: 09th July 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Mumbai- 400 001 Bandra (East), Mumbai - 400 051 Company Code: 543267 Company Symbol: DAVANGERE Subject: Outcome of Board Meeting - Allotment of Foreign Currency Convertible Bonds ("FCCBs"). Ref: Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, In continuation to our intimation dated 29th June 2026 and 30th June 2026 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e. on 09th July 2026 had, after noting receipt of subscription money aggregating to USD 85 Million, inter-alia, considered and approved the allotment of Unsecured Foreign Currency Convertible Bonds, at 15% Discount of issue price (FCCBs) at below mentioned terms: Type of Security Foreign Currency Convertible Bonds (FCCBs) Aggregate Amount Issue Size USD 100 Million (United States Dollars 100 Million) Number of FCCBs Allotted 1000 Face Value per Bond USD 100,000 Coupon Rate 2 % per annum Tenure Up to 5 Years (60 Months) (Maturity – 09th July 2031) ISIN MU0000000388 The meeting commenced at 11.30 AM and concluded at 12.00 NOON We request you to kindly take the above information on record. Thanking You, Yours faithfully, For DAVANGERE SUGAR COMPANY LIMITED S S GANESH MANAGING DIRECTOR DIN: 00451383 Factory and : Kukkuwada – 577 525. Davangere Taluk & District. Karnataka State. INDIA Admin Office Phone PBX: 08192-201623-29 Accounts Direct: 08192-201789 Fax No: 08192-201627 email : davangeresugars@gmail.com, accounts@ davangeresugars@gmail.com, material.dscl@gmail.com Website : www.davangeresugars.com Regd. Office : 73/1, P.B.No. 312, Shamanur Road, Davangere 577 004. Karnataka. INDIA Corp. Office : No. 19, Shivashankar Plaza, 3rd Floor, Richmond Circle, Lalbagh Road, Bangalore 560027, Karnataka. INDIA Phone: 080-22272183 Fax: 080-22222779