Ravalgaon Sugar Farm: Approves Q2 FY27 Unaudited Financial Results

The Ravalgaon Sugar Farm Limited’s Board of Directors convened on October 29, 2026, to approve the unaudited financial results for the quarter and half year ended September 30, 2026. The board also approved the appointment of Ms. Maahi Amit Ahuja as Company Secretary and Compliance Officer, effective December 1, 2026. Re-appointments of the Secretarial and Internal Auditors were also confirmed.

Unaudited Financial Results Approved

The Ravalgaon Sugar Farm Limited announced the outcome of its Board of Directors meeting held on Thursday, October 29, 2026. During the meeting, the Board considered and approved the unaudited financial results for the quarter and the half year ended September 30, 2026. These results, along with the Statement of Assets and Liabilities, Cash Flow Statement, and the Limited Review Report from statutory auditors, have been enclosed as Annexure I.

Key Personnel Appointments

Following a recommendation from the Nomination & Remuneration Committee, the Board has approved the appointment of Ms. Maahi Amit Ahuja (ACS 59770) as the Company Secretary and Compliance Officer. Her appointment will be effective from December 1, 2026. Additionally, the Board re-appointed M/s. S. R. Padhye & Co. as the Secretarial Auditor for the Financial Year 2026-27 and M/s. Sandesh Kadam & Associates as the Internal Auditors for the same financial year.

Authorization of Key Managerial Personnel

In line with Regulation 30(5) of the Listing Regulations, the Board has approved a revised list of Key Managerial Personnel authorized to determine the materiality of events and make necessary disclosures. This revised authorization takes effect from December 1, 2026, and includes Mr. Harshavardhan Doshi (Chairman & Managing Director), Mr. Nihal Doshi (Executive Director & Chief Financial Officer), and Mrs. Maahi Amit Ahuja (Company Secretary & Compliance Officer).

Financial Highlights (Unaudited)

For the quarter and half year ended September 30, 2026, the company reported a net loss. The total comprehensive income for the period, net of taxes, stood at (₹58.48 lakhs) for the quarter and (₹121.79 lakhs) for the half year. Earnings per equity share (EPS) from continuing operations was (₹17.20) basic and diluted for the quarter, and (₹35.82) basic and diluted for the half year.

Source: BSE

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