The Ravalgaon Sugar Farm Ltd — Board Meeting, 13-08-2025: Board Meeting
13-08-2025 | 04:01 pm
13-08-2025 | 04:01 pm
The Ravalgaon Sugar Farm Limited's board met and approved the financial results for the quarter ended June 30, 2025, reporting a net loss of ₹0.51 Cr. This operational inactivity follows the sale of its confectionery business IP. Management maintains confidence in its going concern status, citing remaining assets for future use. The board also re-appointed M/s. S. R. Padhye & Co. as Secretarial Auditor and appointed M/s. Patkar and Pendse as Statutory Auditors for five years, pending shareholder approval. The company is appealing a court ruling for ₹0.62 Cr in gratuity and interest to former seasonal workers.
No comments yet. Be the first to comment!
