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Rana Sugars has announced a board meeting in which it disclosed that the Enforcement Directorate seized immovable property valued at Rs. 22.02 Cr over alleged foreign exchange violations. The company is appealing the matter before the Commissioner of Customs (Appeals), Delhi, and is pursuing legal remedies. Management does not expect a significant financial impact, signaling confidence in a favorable outcome despite ongoing regulatory scrutiny. This is a key update for shareholders regarding compliance risks and company resilience.