Savings Effect

🚀 DAVANGERE SUGAR: FROM SUGAR TO ETHANOL STORY (BSE: 543267 | NSE: DAVANGERE) DAVANGERE SUGAR is steadily shifting towards an ethanol-led growth model with multiple strong triggers ahead 👇 🧪 Expansion: 65 KLPD (96% utilization) +85 KLPD in 18 months (₹127.5 Cr capex) → Strong demand visibility supports expansion 💸 Fundraise: Up to ₹800+ Cr via FCCB / ECB / bonds / equity-linked routes 📊 Capital: ₹150 Cr → ₹200 Cr (future ready for growth) 🏗 Triggers: Ethanol scale (~110+ KLPD), CO₂ plant, maize & grain shift, 5L MT target, land bank 🏛 Promoters: ₹44 Cr infusion + ₹149 Cr raised for debt reduction 🌽 Strong E20 blending tailwind + policy support 🎯 High utilization + expansion + funding visibility = strong growth setup 🔥 Transition from cyclical sugar business to ethanol-led growth story with improving fundamentals

RupeeCheck | Rupee opens at 92.83/$ vs Friday’s close of 92.93/$

#AavasFin: Sachinderpalsingh Jitendrasingh Bhinder resigns as MD & CEO w.e.f April 20, 2026 Approves appointment of Manu Yeshpal Singh as MD & CEO

CHIP DESIGN SCHEME MAY ALLOW MNC'S || DLI 2.0 RECAST LIKELY AFTER WEAK STARTUP TRACTION IN FIRST PHASE; UNDER THE PROCESS STRUCTURE INDIAN FIRMS CAN FORM CONSORTIUMS WITH FOREIGN PLAYERS BUT WILL BE REQUIRED TO HOLD AT LEAST 51% WHILE THE STAKES OF GLOBAL PARTNERS WILL BE CAPPED AT 49% - FE

HPCL: THE MINISTRY OF PETROLEUM & NATURAL GAS HAS APPROVED A SIGNIFICANT REVISION IN THE PROJECT COST OF HPCL RAJASTHAN REFINERY LIMITED FROM RUPEES 43,129 CR TO RUPEES 79,459 CR || ALONGSIDE, HPCL WILL INCREASE ITS EQUITY INVESTMENT TO RUPEES 19,600 CR TO MAINTAIN ITS 74% STAKE IN THE PROJECT.

CHIP DESIGN SCHEME MAY ALLOW MNC'S || DLI 2.0 RECAST LIKELY AFTER WEAK STARTUP TRACTION IN FIRST PHASE; UNDER THE PROCESS STRUCTURE INDIAN FIRMS CAN FORM CONSORTIUMS WITH FOREIGN PLAYERS BUT WILL BE REQUIRED TO HOLD AT LEAST 51% WHILE THE STAKES OF GLOBAL PARTNERS WILL BE CAPPED AT 49% - FE

HPCL: THE MINISTRY OF PETROLEUM & NATURAL GAS HAS APPROVED A SIGNIFICANT REVISION IN THE PROJECT COST OF HPCL RAJASTHAN REFINERY LIMITED FROM RUPEES 43,129 CR TO RUPEES 79,459 CR || ALONGSIDE, HPCL WILL INCREASE ITS EQUITY INVESTMENT TO RUPEES 19,600 CR TO MAINTAIN ITS 74% STAKE IN THE PROJECT.

NTPC: CO DECLARES 87.5 MW SOLAR CAPACITY COD; TOTAL INSTALLED CAPACITY REACHES 89,615 MW

POONAWALLA FINCORP: CO STRENGTHENS AI-FIRST VISION WITH UNIFIED CUSTOMER EXPERIENCE PLATFORM