Brokers hound Belgaum farmers to sell shares.

Byline: Nidhi Nath Srinivas

Aug. 6--NEW DELHI -- Farmers in Belgaum have taken the equity plunge. They collectively own more than 30 percent equity in Shree Renuka Sugars, a sugar factory which is going public. "We are very proud that our company is getting listed. In 1996, we invested Rs 40,000 in shares of a neighbouring co-operative. But as the factory was making losses, we ended up losing heavily. If a company is not listed and loss-making, what is the use? Listing means city people will also be able to participate and invest in our growth," says S Yakunde, one of