General Updates

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: L107 21KA1970PLC001949 Date: 24/06/2026 BSE Limited National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers Bandra East, Bandra (E) Dalal Street, Mumbai- 400 001 Mumbai- 400051 Scrip code: 543267 Company Symbol: DAVANGERE Kind Attn: The Manager, Listing Departments. Dear Sir/Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Disclosure of Material Information: In-principle approval of FCCBs and Opening of New 100% Subsidiary Company at London, United Kingdom. In continuation to our earlier communication dated 30th March 2026 (Board Meeting outcome) regarding strategic corporate updates, we are pleased to inform the exchange(s) of the following material developments: 1. Receipt of In-Principle Approval for FCCBs: The Company has received In-principle approval from BSE Limited vide letter Reference No LOD/FCCB/SS/FIP/355/2026-27 dated 10th June 2026 and National Stock Exchange of India Limited, vide letter Reference No NSE/LIST/55185 dated 10th June 2026, for issue and allotment of equity shares towards proposed issue of Foreign Currency Convertible Bonds (FCCBs) for an aggregate amount not exceeding USD 100 Million or its equivalent in terms of Regulation 28(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. 2. Opening/Incorporation of 100% Wholly-Owned Subsidiary: Moving forward with our global expansion strategy, the Company has successfully completed the incorporation and opening of its 100% wholly-owned subsidiary in London, United Kingdom, under the name AUREVANT GLOBAL LIMITED. Factory & Admin Office: Kukkuwada – 577 525. Davangere Talu k & District. Karnataka State. INDIA Phone PBX : 08192 201623,24,25,26,28,29 Accounts Direct : 08192-201789 Fax No: 08192 201627 : 73/1, P.B.No. 312, Shamanur Road, Davangere – 577 004. Karnataka State. INDIA email : davangeresugars@gmail.com, accounts@ davangeresugars@gmail.com, material.dscl@gmail.com Regd. Office : No. 19, Shivashankar Plaza 3rd Floor, Richmond Circle, Lalbagh Road, Bangalore – 560 027, Karnataka State. INDIA Corporate Office PhonWe:e 0b8si0t-e2 :2 2w7w2w1.8d3a vangFearxe:s 0u8g0a-r2s.2c2o2m2 779 The details as required under SEBI Listing Regulations read with SEBI Master Circular bearing reference number HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are attached as Annexure A. The copy of exchange approval letters as mentioned above are enclosed herewith You are requested to take the above on record. Thanking You, For DAVANGERE SUGER COMPANY LIMITED S.S. GANESH MANAGING DIRECTOR DIN 00451383 Factory & Admin Office: Kukkuwada – 577 525. Davangere Talu k & District. Karnataka State. INDIA Phone PBX : 08192 201623,24,25,26,28,29 Accounts Direct : 08192-201789 Fax No: 08192 201627 : 73/1, P.B.No. 312, Shamanur Road, Davangere – 577 004. Karnataka State. INDIA email : davangeresugars@gmail.com, accounts@ davangeresugars@gmail.com, material.dscl@gmail.com Regd. Office : No. 19, Shivashankar Plaza 3rd Floor, Richmond Circle, Lalbagh Road, Bangalore – 560 027, Karnataka State. INDIA Corporate Office PhonWe:e 0b8si0t-e2 :2 2w7w2w1.8d3a vangFearxe:s 0u8g0a-r2s.2c2o2m2 779 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 Annexure – A I. Update on In-Principle Approval for FCCBs Name of the Approving Authority BSE Limited and NSE Limited Details of Approval In-principle approval for issue and allotment of equity shares to be allotted towards the proposed issue of FCCBs for an aggregate amount not exceeding USD 100 Million or its equivalent. Date of Receipt of Approval 10 June 2026 Significance Acquisition of an integrated sugar mill/ ethanol distillery or a strategic stake or joint venture in an existing miller, and procurement of capital equipment and technology, and strategic partnership and related refinery/port storage capital expenditure, toll processing and land lease /project development II. Update on Opening of the 100% Subsidiary Company at London name of the entity, date & country of AUREVANT GLOBAL LIMITED, Incorporated incorporation, etc.; on 04th June 2026 in London, United Kingdom. name of holding company of the Davangere Sugar Company Limited, the incorporated company and relation with incorporated company will be wholly owned the listed entity; subsidiary of the Company. industry to which the entity being Sugar cane products and sugar by-products incorporated belongs; brief background about the entity Production of ethanol and sugar products in London, incorporated in terms of products / line United Kingdom. of business; brief details of any governmental or Not Applicable regulatory approvals required for the incorporation; nature of consideration - whether cash Cash Consideration of 1000 GBP. consideration or share swap and details of the same; cost of subscription / price at which the 1000 GBP shares are subscribed; percentage of shareholding / control by 100% the listed entity and / or number of shares allotted. Factory & Admin Office: Kukkuwada – 577 525. Davangere Talu k & District. Karnataka State. INDIA Phone PBX : 08192 201623,24,25,26,28,29 Accounts Direct : 08192-201789 Fax No: 08192 201627 : 73/1, P.B.No. 312, Shamanur Road, Davangere – 577 004. Karnataka State. INDIA email : davangeresugars@gmail.com, accounts@ davangeresugars@gmail.com, material.dscl@gmail.com Regd. Office : No. 19, Shivashankar Plaza 3rd Floor, Richmond Circle, Lalbagh Road, Bangalore – 560 027, Karnataka State. INDIA Corporate Office PhonWe:e 0b8si0t-e2 :2 2w7w2w1.8d3a vangFearxe:s 0u8g0a-r2s.2c2o2m2 779 Ref: NSE/LIST/55185 June 10, 2026 The Company Secretary, Davangere Sugar Company Limited Dear Sir/Madam, Sub: In-principle approval under Regulation 28(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 We are in receipt of your application for in-principle approval for proposed issue and allotment of [●] equity shares of Re. 1/- each on conversion of Foreign Currency Convertible Bonds (FCCBs) for an aggregate amount not exceeding USD 100 Million. In this regard, the Exchange is pleased to grant in principle approval for the said issue under Regulation 28(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, subject to the Company fulfilling the following conditions: 1. Filing the listing application at the earliest from the date of allotment. 2. Receipt of statutory and other approvals and compliance of guidelines/regulations issued by the statutory authorities including SEBI, RBI, MCA, etc. 3. Compliance with all the applicable guidelines, regulations, directions of the Exchange or any statutory authorities as on the date of listing application. 4. Compliance of all conditions as per the SEBI (LODR) Regulations, 2015 as on date of listing, Companies Act, 1956 / Companies Act, 2013 and other applicable laws. 5. Submissions of documents as may be required by NSE and payment of applicable fees. The Exchange reserves its right to withdraw its in-principle approval at a later stage if the information submitted to the Exchange is found to be incomplete/incorrect/misleading/false or in contravention of any Rules, Bye-laws and Regulations of the Exchange, as per the SEBI (LODR) Regulations, 2015, Guidelines/ Regulations issued by statutory authorities, etc. Yours faithfully, For National Stock Exchange of India Limited Ankita Gupta Manager National Securities Depository Limited Central Depository Services Limited P.S. Checklist of all the further issues is available on website of the exchange at the following URL: https://www.nseindia.com/companies-listing/raisingcapital-further-issues-main-sme-checklist This Document is Digitally Signed The National Stock Exchange of India (NSE) has announced the launch of NEAPS mobile application. The app can be downloaded from the App Store/ Play store with the nam [Showing first 8,000 characters — download PDF for full document]