Davangere Sugar Company Limited
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.
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.
Focused on emerging market equities including India.