The Ravalgaon Sugar Farm Ltd Split

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The Ravalgaon CORPORATE ACTIONS

24/07/2023calendar-icon
23/07/2024calendar-icon
PurposeAnnouncement DateSplit DateRecord DateFace Value (before split)Face Value (after split)
Split30 Aug 202324 Nov 202324 Nov 20235010
Pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations 2015 (Listing Regulation) we wish to inform you that the Board of Directors of the Company at their Meeting held today i.e Wednesday, August 30 2023, inter alia, considered and approved the following: a. Sub division of existing equity shares of the company from face value of Rs. 50/-(Rupees Fifty Only) each to face value of Rs. 10/- (Rupees Ten Only) each fully paid up subject to the approval of shareholders at the ensuing annual general meeting (AGM) of the Company. The Record Date for Sub-division of Equity Shares shall be decided post approval of the shareholders of the Company. b. Alteration of Capital (Class V) of the MOA of the Company on account of aforesaid sub-division of equity shares. Sub-division Ratio 1:5 i.e. existing One (1) Equity Share of the Company having face value of Rs. 50/- each, fully paid-up, will be sub-divided into Five (5) Equity Shares having face value of Rs. 10/- each, fully paid-up. Pursuant to the Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the Board of Directors has fixed Friday, November 24, 2023 as the record date for the purpose of sub-division of equity shares of the Company. (As Per BSE Announcement Dated on 03.11.2023) Trading Members of the Exchange are hereby informed that RAVALGAON SUGAR FARM LTD has fixed Record Date for the purpose of Sub-Division of the Equity Shares of the Company :- DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE RAVALGAON SUGAR FARM LTD. (507300) RECORD DATE 24.11.2023 PURPOSE Subdivision of existing Equity Shares from One Equity Share of Rs.50/- each into Five Equity Shares of Rs. 10/- each. SUB-DIVIDED PAID-UP VALUE Rs.10/- SUB-DIVIDED PAID-UP VALUE W.E.F. 24/11/2023 DR-662/2023-2024 Note: - i. ISIN No. INE615A01017 of Rs. 50/- paid up will not be valid for transactions done on the Exchange on or after 24/11/2023. ii. The new ISIN Number for Rs. 10/- paid up will be informed to the market by a separate notice. (As Per BSE Notice Dated on 08.11.2023) With reference to the captioned subject, we would like to inform you that the Company has received new ISIN from both the Depositories i.e., National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) pursuant to sub-division of 1 (One) equity share having face value of Rs. 50/- (Rupees Fifty Only) each, fully paid-up into 5 (Five) equity shares having face value of Rs. 10/- (Rupees Ten Only) each fully paid-up with effect from record date i.e. November 24, 2023. Please note that the new ISIN of the Company is INE615A01025 and sub-division of equity shares will take effect under the new ISIN. (As Per BSE Announcement dated on 17.11.2023) In Continuation to the Exchange Notice No. 20231108-12 dated November 08, 2023, Trading Members of the Exchange are hereby informed that the New ISIN number for the Sub-Divided Equity Shares of the Company will be as under: - Company Name & Scrip Code RAVALGAON SUGAR FARM LTD., (507300) New ISIN No. INE615A01025 Remarks Sub-division of Equity Shares from Rs.50/- to Rs.10/- The new ISIN number given above, for the Equity Shares of Rs.10/- each of the Company shall be effective for trades done on and from the Ex-Date i.e. 24-11-2023 (DR-662/2023-2024) (As Per BSE Notice Dated on 21.11.2023) We would like to inform you that the Company has completed all the necessary formalities associated with the sub-division of shares. Attached herewith are the letters received from the National Securities Depository Limited (NSDL) and Central Depository Service (India) Limited, along with the Physical Dispatch Certificate provided by Purva Sharegistry (I) Pvt. Ltd. (RTA). (As Per BSE Announcement Dated on 05.12.2023)

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