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.
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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