Davangere Sugar Company Limited

DecreasedBulk Deal

DAVANGEREDiversified FMCGMarket Cap₹296 Cr

Value

₹9.79 Cr

4,89,68,650

Price

₹2

Chungath Karunakaran Padma Kumar

Investor

The move

Chungath Karunakaran Padma Kumar sold 4,89,68,650 shares of Davangere Sugar Company for ₹9.79 Cr at ₹2.00 apiece in a bulk deal.

About Davangere Sugar Company Limited

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A sugar manufacturing company incorporated in 1970, it processes sugarcane to produce sugar and molasses while operating co-generation facilities to produce electricity. The company integrates sugar production with power generation, utilizing bagasse and other sugarcane by-products for energy. Based in Davangere, it operates a vertically integrated model combining agricultural processing with renewable energy generation from mill waste.

About Chungath Karunakaran Padma Kumar

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Businessperson with 19 years of corporate governance across healthcare and life sciences ventures including Auxesia Life Science Implants, Medmate Pharma, and Irid Biocare. Active in Indian small-cap equities, with positions in AGI Infra and Mangalam Global Enterprise.

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More moves in Davangere Sugar Company Limited

Craft Emerging MarketsExited

Craft Emerging Markets, which previously held 1.4 percent of Davangere Sugar Company Limited, is no longer listed among its publicly disclosed shareholders. This indicates either a complete exit or a reduction in its stake below the 1 percent reporting threshold.

22 Jul 2026

Beacon Stone CapitalExited

Beacon Stone Capital, which previously held a 3.5 percent stake in Davangere Sugar Company Limited, has dropped off the company's disclosed shareholder list, indicating either a complete exit or a reduction in their holding to below the 1 percent reporting threshold.