The Ravalgaon Sugar Farm Ltd — Updates, 29-05-2025: Company Update

The Ravalgaon Sugar Farm Limited has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025, reporting a net loss of ₹201.78 lakh for the year while maintaining a strong net worth of ₹1,509.09 crore. The company remains inactive after selling its confectionery intellectual property but retains assets for potential future use. Mrs. Sirisha Vinay Sampat has been appointed as an additional non-executive independent director for five years, subject to shareholder approval. The board also updated the remuneration policy and authorized key managerial personnel for disclosures. Legal and regulatory contingencies relating to penalty claims and employee gratuity disputes are being contested, with no provisions recognized pending resolution. The statutory auditor issued an unmodified opinion on the results.