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Davangere Sugar Announces Cessation of Internal Auditor

Story Highlights
  • Davangere Sugar operates in the sugar industry, producing and distributing sugar.
  • The company announced the cessation of its internal auditor due to the proprietor’s demise.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Davangere Sugar Announces Cessation of Internal Auditor

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Davangere Sugar Company Limited ( (IN:DAVANGERE) ) has provided an update.

Davangere Sugar Company Limited has announced the cessation of M/s B. Gangadhara & Co as their internal auditor due to the unfortunate demise of its proprietor, Mr. B. Gangadhara, effective November 30, 2025. The board expressed deep appreciation for Mr. Gangadhara’s valuable contributions during his tenure, highlighting the impact of his guidance on the company’s operations. This change is disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements, indicating compliance with regulatory standards.

More about Davangere Sugar Company Limited

Davangere Sugar Company Limited operates in the sugar industry, focusing on the production and distribution of sugar and related products. The company is listed on major stock exchanges in India, including BSE and NSE, and is recognized by its symbol DAVANGERE.

Average Trading Volume: 1,849,523

Technical Sentiment Signal: Sell

Current Market Cap: 5.83B INR

Find detailed analytics on DAVANGERE stock on TipRanks’ Stock Analysis page.

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