Bigul

RAJSHREE SUGARS & CHEMICALS LTD. - 500354 - Disclosure Of Material Information Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015

Ref: Our letters dated 9th July 2018 & 22nd May 2019 filed with Stock Exchanges. In continuation of our letters cited above, we submit below the further updates on the above: The Tamil Nadu Government has officially declared failure/deficit of the north east monsoon for the year 2016 and 2018, and many districts of Tamil Nadu as drought affected. The Company's command areas have been severely affected by drought conditions. Owing to the continuous drought, falling capacity utilization and mismatch between sugar realization and cane price, the company has become a Non-Performing Asset (NPA) in the month of June 2018. The company is currently in the process of discussion with Asset Reconstruction Companies (ARC) for a possible debt resolution by way of assignment of debt. The company has today i.e. 28th May 2019 received notice dated 21st May 2019 from Sugar Development Fund (SDF) Accounts Section, Department of Food & Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution, Government of India calling upon the Company to pay Rs.41.93 Crores (entire outstanding as on 31st March 2019). The Ministry of Consumer Affairs, Food and Public Distribution has allowed restructuring of SDF loans on occurrence of a natural calamity in a particular State vide notification dated 17th September 2018. The guidelines for restructuring are awaited. Kindly take the same on your records.
28-05-2019
Bigul

Rajshree Sugars & Chemicals Ltd - 500354 - Disclosure Of Material Information Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015

In continuation of our letter dated 9th July 2018, we submit below the further updates on the above: The Tamil Nadu Government has officially declared failure/deficit of the north east monsoon for the year 2016 and 2018, and many districts of Tamil Nadu as drought affected. The Company's command areas have been severely affected by drought conditions. Owing to the continuous drought, falling capacity utilization and mismatch between sugar realization and cane price, the company has become a Non-Performing Asset (NPA) in the month of June 2018. The company is currently in the process of discussion with Asset Reconstruction Companies (ARC) for a possible debt resolution by way of assignment of debt. The company has on 10th May 2019 received notice under Section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 dated 8th May 2019 from ICICI bank Ltd., calling upon the Company to pay Rs.67.43 Crores (entire outstanding as on 31.3.2019). The company is in discussion with the ICICI Bank for a possible debt resolution. Kindly take the same on your records.
22-05-2019
Bigul

RAJSHREE SUGARS & CHEMICALS LTD. - 500354 - Newspaper Advertisement - Extract Of Statement Of Audited Financial Results For The Quarter And Year Ended 31St March 2019 - Reg.

We are enclosing herewith the extract of statement of audited financial results for the quarter and year ended 31st March 2019 published in Business Standard (English) and Dinamani (vernacular language - Tamil) newspapers issue dated today, the 21st May 2019. Kindly take the same on your records.
21-05-2019
Bigul

Rajshree Sugars & Chemicals Ltd - 500354 - Financial Results For The Quarter And Financial Year Ended 31St March 2019.

In compliance with Regulation 33 of SEBI (LODR) Regulations, 2015, we herewith enclose the following for the quarter and financial year ended 31st March 2019. 1) Audited financial results and Auditors' report thereon. 2) Declaration from Chief Financial Officer stating that the Audit Reports issued on the financial results are unmodified. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors in its meeting held today, the 20th May 2019. The Board meeting was commenced at 12.05 PM and concluded at 2.15 PM today, the 20th May 2019. We request you to take the same on record.
20-05-2019
Bigul

Rajshree Sugars & Chemicals Ltd - 500354 - Clause 51 Of The Listing Regulations - Operational Data For The Month Of April 2019.

In terms of clause 51 of the Listing Regulations, we are enclosing herewith the operational data of our sugar factories for the month of April 2019. Kindly take the above information on your records.
09-05-2019
Bigul

Rajshree Sugars & Chemicals Ltd - 500354 - Certificate Under Regulation 74(5) For The Month Of April 2019.

This is to certify that all the valid Certificates of securities received for Demat for the above period have been mutilated, cancelled and National Securities Depository Limited / Central Depository Services (India) Limited has been substituted as registered owner of these securities in the records of the company.
09-05-2019
Bigul

RAJSHREE SUGARS & CHEMICALS LTD. - 500354 - Newspaper Advertisement - Notice For The Board Meeting - Audited Financial Results For The Quarter And Year Ended 31St March 2019 - Reg.

This is to inform you that the Notice for the 181st meeting of the Board of Directors scheduled on 20th May 2019 at 12.05 PM, for considering, inter alia, the audited financial results for the quarter and year ended 31st March 2019 have been published in Business Standard (English) and Dinamani (vernacular language - Tamil) newspapers issue dated 4th May 2019. Kindly take the same on your records.
06-05-2019
Bigul

Rajshree Sugars & Chemicals Ltd - 500354 - Board Meeting Intimation for Board Meeting On 20Th May 2019

RAJSHREE SUGARS & CHEMICALS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2019 ,inter alia, to consider and approve We hereby inform that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, the 20th May 2019 at 12.05 PM at the registered office at 'The Uffizi', 338/8 Avanashi Road, Peelamedu, Coimbatore 641 004, to consider among other things, the audited financial results of the Company for the quarter and year ended 31st March 2019. Further, vide our letter dated 3rd April 2019 to the Stock Exchanges, the Company informed that pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in securities/ shares of the Company was closed on 3rd April 2019 and shall remain closed for all the Designated Persons and their immediate relative(s) till 22nd May 2019. Kindly take the same on record.
03-05-2019
Bigul

RAJSHREE SUGARS & CHEMICALS LTD. - 500354 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayRAJSHREE SUGARS & CHEMICALS LTD. 2CININE562B01019 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 372 4Highest Credit Rating during the previous FY D 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: M PONRAJ Designation: COMPANY SECRETARY EmailId: ponraj@rajshreesugars.com Name of the Chief Financial Officer: V.B. GOPAL KRISHNAN Designation: CHIEF FINANCIAL OFFICER EmailId: gopalkrishnanvb@rajshreesugars.com Date: 30/04/2019 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
30-04-2019
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