Davangere Sugar Company Limited informed that the Board of Directors at their meeting held on February 14, 2024, approved the appointment of Mr. Onkrappa. P as Chief Financial Officer and Key Managerial Personnel as recommended by the Nomination and Remuneration Committee and based on the approval of Audit Committee of the Company. Mr. Onkrappa.

P is Chartered Accountant by profession with experience of more than 25 years. He has been working in advisory capacity to many companies in the field of Finance, Accounts and taxation. Mr. Onkrappa P, expressing his inability to join as CFO, with effect from March 1, 2024 due to some personal commitments, Mr. Onkrappa P requested to join as CFO, with effect from 2024.

Therefore, joining date of Mr. Onkrappa P shall be March 25, 2024.