ALFA Filings
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The board approved issuance of USD 100 million (≈₹950 crore) foreign currency convertible bonds at 2% coupon, maturing in five years. Subscription of USD 85 million has been received.
Davangere Sugar Company closed its USD 85 million FCCB issue. The offering was fully subscribed at a 2% coupon rate, strengthening its capital structure.
Davangere Sugar approved a USD 100 Million FCCB issue. The fund raise, equivalent to ₹952.4 Crore, matures in 5 years.
Davangere Sugar received in-principle approval for FCCBs worth ₹940 Crore. It also incorporated a wholly-owned subsidiary, AUREVANT GLOBAL LIMITED, in London.