Expansion27 Sept 2025, 05:11 pm
Davangere Sugar Company Ltd Announces Post-Rights Issue Expansion Plans to Drive Growth, Farmer Engagement, and New Revenue Streams
AI Summary
Davangere Sugar Company Limited, a fully integrated sugar, ethanol, and renewable power producer based in Karnataka, is embarking on an ambitious growth trajectory post the successful completion of its rights issue. The company is accelerating capacity expansion, launching farmer-friendly initiatives and diversifying into new revenue streams to strengthen profitability and long-term shareholder value.
Key Highlights
- Plans to increase distillery capacity from 65 KLPD to 85 KLPD within this financial year, with a further planned expansion to 110 KLPD in the next phase.
- Establishment of a 35 TPD CO: recovery plant to capture additional value streams from industrial applications.
- Diversification into broken rice and maize procurement and exploring a grain trading vertical.
- Implementation of a comprehensive farmer-engagement strategy aimed at improving cane productivity, logistics, and rural incomes.
- Alignment with India’s energy transition priorities, scaling ethanol capacity, and creating diversified revenue streams.