RAJSHREE SUGARS & CHEMICALS LTD. - 500354 - Disclosure Of Material Developments Pertaining To Default Under Regulation 30 Of SEBI (LODR) Regulations, 2015 Read With BSE Circular LIST/COMP/29/2019-20 Dated 24Th September 2019
Ref: Our letters dated 9.7.2018, 22.5.2019, 28.5.2019, 23.7.2019, 2.8.2019 & 1.10.2019 (2 letters) filed with Stock Exchanges. The Company has been informed by the promoters on 23rd October 2019 that they have received a pledge invocation notice on 22nd October 2019 from M/s.SBICAP Trustee Company Limited (acting as Security Trustee for and on behalf of six lenders of the Company), stating that they may exercise all or any of the rights available to them under the pledge agreements, on or after 26th October 2019. Kindly take the same on your records.24-10-2019