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

The Ravalgaon Sugar Farm Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a net loss of ₹201.78 lakh for the year but maintains a strong net worth of ₹1,509.09 Cr, supported by its assets and ability to sustain operations. The company remains inactive after selling its confectionery trademarks and IP to Reliance Consumer Products. It has amended its remuneration policy and appointed Mrs. Sirisha Vinay Sampat as a Non-Executive Independent Director for five years. Legal and regulatory matters include disputed water usage penalties and a contested gratuity claim, with no provisions recognized yet. The auditors issued an unmodified opinion on the financials.