BSECompany Update29 Oct 2026 · 29 Oct 2026, 05:40 pm

Non-Applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015, for the half year ended September 30, 2026.

The Ravalgaon Sugar Farm Ltd · 507300

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The Ravalgaon Sugar Farm Ltd has announced that it is not required to comply with the provisions of Regulation 23(9) of SEBI (LODR) Regulations, 2015, for the half year ended September 30, 2026, due to its paid-up share capital and net worth falling below the specified threshold limits.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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The Ravalgaon Sugar Farm Ltd - 507300 - Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations, 2015, For The Half Year Ended September 30, 2026

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The Ravalgaon Sugar Farm Limited October 29, 2026 Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code: 507300 Dear Sir/Ma’am, Subject: Non applicability of Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended September 30, 2026 Pursuant to Regulation 15(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 the provisions of Corporate Governance as specified in Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 26A, 27 and clauses (b) to (i) and (t) of sub-regulation (2) of Regulation 46 and para C, D and E of Schedule V shall not apply to a listed entity having paid up Share Capital not exceeding Rupees Ten Crores and Net worth not exceeding Rupees Twenty Five Crores, as on the last day of the previous Financial Year. As on March 31, 2026, the paid up Equity Share Capital of the Company was Rs. 34,00,000/- and Net Worth of the Company was Rs. 9,77,86,983/- which falls below the specified threshold limits. Hence, the Company is not required to comply with the provisions under Regulation 23(9) of the Listing Regulations, pertaining to filing of Related Party Transactions for the half year ended September 30, 2026. We assure you that we will comply with these provisions, as and when they become applicable. Kindly take the same on record. Yours faithfully, For The Ravalgaon Sugar Farm Limited Harshavardhan Doshi Chairman & Managing Director DIN: 00688736 Corporate Office Registered Office The Ravalgaon Sugar Farm Limited 52, 5th Floor, Maker Tower F, Ravalgaon - 423108, Taluka Malegaon, www.trsfl.in Cuffe Parade, Mumbai 400005, India District Nashik, Maharashtra, India info@trsfl.in t: +91 22 2218-4291/6479 t: +91 2554 270-274 CIN: L01110MH1933PLC001930