Corrigendum

On the Letterhead of the Company CIN:L10721KA1970PLC001949 L10721KA1970PLC001949 September 07, 2026 BSE Limited National Stock Exchange of India Limited 1st Floor, New Trading Ring, Exchange Plaza, Rotunda bldg., P.J. Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 543267 NSE Symbol: DAVANGERE Subject: Corrigendum to the Notice of the 55th Annual General Meeting (AGM) dated August 14, 2026, which was emailed to the shareholders of the Company on August 20, 2026. Reference: Davangere Sugar Company Limited (DAVANGERE/ISIN: INE179G01029) Intimation of Notice of Annual General Meeting on August 20, 2026. Dear Sir/Madam, This is in reference to the Notice of Annual General Meeting dated August 14, 2026, which was emailed to the shareholders of the Company on August 20, 2026. A corrigendum is being issued to inform the shareholders of the Company regarding the weblink to the Company's website where the shareholders and other stakeholders may find attached for their perusal and information the copies of the PCS Certificate and valuation report from independent registered valuer, valuing the price of equity shares and fully convertible warrants as per the provisions of Regulation 164(1) and Regulation 166A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Except as detailed in the attached corrigendum, all other terms and contents of the Notice of the Annual General Meeting shall remain unchanged. This corrigendum will also be available on the website of the Company https://davangeresugar.com/ Kindly take the same on record. Thanking you, For Davangere Sugar Company Limited Shamanur Shivashankarappa Ganesh Managing Director DIN: 00451383 Encl.: As above On the Letterhead of the Company CIN:L10721KA1970PLC001949 L10721KA1970PLC001949 CORRIGENDUM TO THE NOTICE OF ANNUAL GENERAL MEETING DATED AUGUST 14, 2026 Dear Members, Davangere Sugar Company Limited (“Company”) had circulated Notice of Annual General Meeting dated August 14, 2026 together with Explanatory Statement to the members of the Company, pursuant to the provisions of Section 101 and other applicable provisions, if any, of the Companies Act, 2013, read with Rule 18 of the Companies (Management and Administration) Rules, 2014 and other applicable laws and regulations, for seeking approval of members of the Company by way of Special resolutions and remote e-voting. We draw the attention of all the members of the Company towards the Notice of the Annual General Meeting dated August 14, 2026, for point no. 15 and 16 of the Explanatory Statement for Item No.8. This Corrigendum is being issued to include the weblink to the Company’s website for reference to the copies of the PCS Certificate and the valuation report of the Equity Shares and Fully Convertible Warrants. For the sake of clarity and better understanding the revised point no. 15 and 16 of the explanatory statement to Item No.8 is reproduced herein below: A. Point 15 of the explanatory statement for Item No.8 of the Explanatory Statement to the Notice of Annual General Meeting dated August 14, 2026, shall read as follows: A certificate from M/s. Mehta & Mehta, Company Secretaries, Practicing Company Secretaries, certifying that the proposed Preferential Issue is being made in accordance with the requirements of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 shall be available for inspection by the Members during business hours at the Registered Office of the Company and shall also be made available electronically for inspection by the Members during the Annual General Meeting. The same can be found at https://davangeresugar.com/preferential-allotment/ B. Point 16 of the explanatory statement for Item No.8 of the Explanatory Statement to the Notice of Annual General Meeting dated August 14, 2026, shall read as follows: The Equity Shares of the Company are listed on BSE Limited and National Stock Exchange of India Limited and are frequently traded in accordance with the provisions of the SEBI ICDR Regulations. Accordingly, the issue price of ₹3.77 (Rupees Three and Paise Seventy-Seven Only) per Convertible Equity Warrant has been determined in accordance with Regulation 164 of the SEBI ICDR Regulations. Since the Equity Shares of the Company are frequently traded, a valuation report from an Independent Registered Valuer is not required for determination of the issue price under Regulation 164 of the SEBI ICDR Regulations. However, where the proposed preferential issue results in a change in control or allotment of more than 5% of the post-issue fully diluted share capital of the Company to an allottee or to allottees acting in concert, a valuation report from an Independent Registered Valuer shall be obtained and On the Letterhead of the Company CIN:L10721KA1970PLC001949 L10721KA1970PLC001949 considered for determining the issue price, as required under the applicable provisions of the SEBI ICDR Regulations. The same can be found at https://davangeresugar.com/preferential-allotment/ This Corrigendum to the Notice of Annual General Meeting shall form an integral part of the Notice of Annual General Meeting, which has already been circulated to the Shareholders of the Company, and on and from the date hereof, the Notice of Annual General Meeting shall always be read in conjunction with this Corrigendum. Accordingly, all concerned shareholders, Stock Exchanges, Depositories, Registrar and Share Transfer Agent, agencies appointed for e-voting, other Authorities, regulators, and all other concerned persons are requested to take note of the above changes. All other contents of the Notice of the Annual General Meeting, save and except as modified or supplemented by this Corrigendum, shall remain unchanged. This corrigendum is being uploaded on the website of the Company at https://davangeresugar.com/ and on the website of BSE Ltd. at www.bseindia.com and NSE India Ltd. https://www.nseindia.com/ where the shares of the Company are listed. For Davangere Sugar Company Limited Shamanur Shivashankarappa Ganesh Managing Director DIN: 00451383 Place: Davangere Date: 07-09-2026