Shareholders meeting

CIN: L10721KA1970PLC001949 Date: September 12, 2026 BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers Limited Dalal Street, Fort, Exchange Plaza, Mumbai- 400 001 Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Company Code No.: 543267 Company Symbol: DAVANGERE Dear Sir/Madam, Sub: Submission of Summary of the proceedings of the 55th Annual General Meeting of the Company held today i.e. on September 12, 2026, pursuant to Schedule III read with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the summary of proceedings of the Annual General Meeting (“AGM”) of the Company held today i.e. on September 12, 2026, at 11:00 A.M. at Thogataveera Samudhaya Bhavana, M.C.C. ‘A’ Block, Davangere – 577004. The meeting concluded at 11:45 A.M. The summary of proceedings is enclosed herewith as Annexure A. The detailed voting results on all the resolutions set out in the Notice of the AGM shall be submitted separately in the prescribed format under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, within the stipulated timeline. Thanking You, For DAVANGERE SUGAR COMPANY LIMITED S.S.Ganesh Managing Director DIN: 00451383 CIN: L10721KA1970PLC001949 Annexure-A “ANNEXURE A” SUMMARY OF PROCEEDINGS OF THE ANNUAL GENERAL MEETING: The Annual General Meeting (“the AGM”) of Davangere Sugar Company Limited was convened on September 09, 2026 at Thogataveera Samudhaya Bhavana, M.C.C. ‘A’ Block, Davangere – 577 004 Time of Commencement of Meeting: 11.00 A.M. Time of Conclusion of Meeting: 11.45 A.M. Total 340 Members attended the meeting as per the records of attendance. The following Directors and Key Managerial Personnel (KMPs) were present at the AGM: 1. Mr. Shamanur Shivashankarappa Chairman and Managing Director Ganesh 2. Mr. Abhijith Ganesh Shamanur Executive Director 3. Mrs. Hima Bindu Sagala Independent -Director 4. Mrs. Swathi Shamanur Non-Executive Director 5. Mr. Onkarappa P Chief Financial Officer 6. Mr. Vishwanath Patil Company Secretary and Compliance Officer Mr. Shamanur Shivashankarappa Ganesh, Chairman and Managing Director, welcomed the shareholders and commenced the proceedings of the AGM. Upon confirmation that the requisite quorum as prescribed under Section 103 of the Companies Act, 2013 and the Articles of Association of the Company was present, the Chairman declared the meeting as duly constituted and validly convened. LEAVE OF ABSENCE The Chairman informed the members that requests for leave of absence had been received from the following persons due to prior professional commitments: • M/s. D.G.M.S & Co., Chartered Accountants (Statutory Auditors) • CS Prashanth D Shedbal, (Secretarial Auditors) CIN: L10721KA1970PLC001949 • Mrs. Vineeta Dilip Modak, Independent Director (DIN: 10763274) • Mr. Achal Kapoor, Independent Director (DIN: 09150394) With the consent of the members present, leave of absence was granted to the aforementioned persons. Mr. Onkarappa P, Chief Financial Officer welcomed the Chairman/ Directors/ Members / other KMPs to the Meeting and provided general instructions pertaining to the Annual General Meeting. He also notified the Member that in accordance with the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended from time to time and Regulation 44 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015, the Company had provided the remote e-voting facility to the Members of the Company in respect of the businesses mentioned in the Notice of the AGM. The remote e-voting commenced at 9:00 a.m. on Wednesday September 09, 2026 and closed at 5:00 p.m. on Friday, September 11, 2026. He informed the members that chairperson(s) of Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee were present at the meeting. He also informed that the Registers as required under the Companies Act, 2013 were made available for inspection by the members. Further, Members present at the AGM who had not exercised their votes through remote e- voting were provided with the facility to cast their votes through polling papers. It was clarified that voting by show of hands would not be conducted. The Chairman ordered the poll to be taken on all the resolutions as mentioned in the Notice of the AGM for the shareholders who have not casted their votes through e-voting facility. Shareholders were duly informed that Pursuant to Section 109 of the Companies Act, 2013, the Company has appointed Ms. Ashwini Inamdar, Practicing Company Secretaries, Mumbai , as the scrutinizer to carry out the evoting process for this meeting and based on the report of the scrutinizer, the combined results of remote e-voting and the e-voting done at the meeting will be announced and displayed within Two working days (2) of conclusion of the AGM on the website of the Company and will also be submitted to the stock exchanges as per the requirements under the SEBI Listing Regulations. CIN: L10721KA1970PLC001949 The Following items of business, as per Notice of the AGM, were transacted at the Meeting. S. Particulars of Business Nature of No. Resolution ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Financial Statements of Ordinary the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and Auditors thereon. 2. To appoint Mr. Abhijith Ganesh Shamanur (DIN: 03451918), who Ordinary retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for re-appointment. 3. To appoint M/s. D G M S & Co., Chartered Accountants (Firm Ordinary Registration No. 0112187W), as Statutory Auditors of the Company for a term of five consecutive years and to authorise the Board of Directors to fix their remuneration. SPECIAL BUSINESS: 4. Ratification of Remuneration of Cost Auditor for the FY-2026-27. Ordinary 5. Increase in the Authorised Share Capital of the Company and Ordinary alteration of Clause V of the Memorandum of Association. 6. To approve making loans or investments, providing guarantees and/or Special securities in excess of the limits prescribed under Section 186 of the Companies Act, 2013. 7. Approval for making investments in overseas wholly owned Special subsidiaries, subsidiaries, step-down subsidiaries, joint ventures and other overseas entities up to USD 100 Million (or its equivalent). 8. Issue of 10,64,11,079 Convertible Equity Warrants on a preferential Special basis to the Promoter Group by way of conversion/adjustment of outstanding loan into equity, together with matters incidental thereto. 9. Approval of Material Related Party Transaction(s) with Aurevant Ordinary Global Limited and related arrangements in connection with the proposed bridge financing facility. 10. Approval for transactions involving dilution of shareholding and/or Special disposal/transfer of assets of the overseas wholly-owned subsidiary, Aurevant Global Limited. CIN: L10721KA1970PLC001949 The Chairman expressed his gratitude to all members for their attendance, participation, and valuable support. Upon completion of the polling process, the meeting was formally concluded at 11:45 A.M. Kindly request you to take the same on record. Thanking you, Yours truly, For DAVANGERE SUGAR COMPANY LIMITED S.S.Ganesh Managing Director DIN: 00451383