The Ravalgaon Sugar Farm Limited’s Board of Directors met on August 11, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. Key personnel decisions included the re-appointment of Mr. Nihal Doshi as Executive Director for a three-year term and the re-appointment of Mr. Rajiv Jain and Mr. Subodh Mawalankar as Independent Directors, subject to shareholder approval.
Financial Results and Board Decisions
The Ravalgaon Sugar Farm Limited announced the outcome of its Board of Directors meeting held on Tuesday, August 11, 2026. The Board considered and approved, among other matters, the Unaudited Financial Results of the Company for the quarter ended June 30, 2026. The detailed financial results and the limited review report from the company’s statutory auditors have been enclosed.
Director Re-appointments
The Board also approved the re-appointment of several key individuals, pending shareholder approval at the upcoming Annual General Meeting:
- Mr. Nihal Doshi (DIN:00246749) has been re-appointed as Executive Director for a further term of 3 (three) years.
- Mr. Rajiv Jain (DIN:09044822) has been re-appointed as an Independent Director.
- Mr. Subodh Mawalankar (DIN: 09484724) has also been re-appointed as an Independent Director.
The ensuing Annual General Meeting (AGM) details will be communicated separately. The company also noted that the financial statements are prepared in accordance with Indian Accounting Standards (Ind AS).
Financial Highlights (Quarter Ended June 30, 2026)
The unaudited financial results indicate a Total Profit/(Loss) before Tax of (₹63.32) Lakhs for the quarter ended June 30, 2026. This compares to a loss of (₹112.54) Lakhs in the previous quarter (ended March 31, 2026) and (₹50.79) Lakhs in the same quarter of the prior year (ended June 30, 2025). The Total Profit/(Loss) for the period after all expenses and taxes stands at (₹63.32) Lakhs for the current quarter. The Earnings Per Share (EPS) from continuing operations for the quarter was (₹18.62) Basic and (₹18.62) Diluted.
Source: BSE
