The Ravalgaon Sugar Farm Ltd — Important, 11-08-2026: Company Update

The Ravalgaon Sugar Farm's board reviewed Q1 financial results, reporting a net loss of 0.63 Cr. The company remains operationally inactive as its segments were sold or ceased operations. Shareholder approval is sought for the re-appointment of Executive Director Mr. Nihal Doshi and Independent Directors Mr. Rajiv Jain and Mr. Subodh Mawalankar for further terms. Key financial notes reveal ongoing disputes: a gratuity claim of over 0.62 Cr is disputed, with 0.63 Cr deposited as security but no provision made. A 0.28 Cr liability for past water charges is recognized, with further demands under contention. Additionally, a 2.79 Cr property tax demand is under appeal, with 2.70 Cr pre-deposited.