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Ravalgaon Sugar Farm informs about outcome of board meeting

05 Dec 2018 Evaluate

Ravalgaon Sugar Farm has informed that the Board of Directors in their meeting held today, 5th December 2018, has approved the Sale of land measuring 1,118 sq meters along with staff quarters (built up area 330 Sq meters) thereon, on an as is where is basis for Rs 28 lacs, Sale of candy sugar plant and machinery on an as is where is basis for Rs 75 lacs plus taxes, Sale of candy sugar plant structure subsequent to the sale of plant and machinery, Capital expenditure of Rs 18 lacs towards construction of factory compound wall plus additional Rs. 20 lacs for any additional steps required to protect the property, as and when required in the future and, Transfer of unclaimed divident amount for the year 2010-11 to IEPF.

The above information is a part of company’s filings submitted to BSE.

Ravalgaon Sugar Farm Share Price

935.00 -5.00 (-0.53%)
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