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History of Ravalgon Sugar Farm Ltd.

YEAR EVENTS 1948 - 8,000 bonus equity shares of Rs 50 each issued till date. 40,000 Deferred shares issued in 1943 as bonus shares.

1956 - Deferred shares of Rs 10 each consolidated into Deferred shares of Rs 50 each.

1959 - 20,000 Right Equity shares issued at par in the prop. 2:5 [Equity of Deferreds].

1973 - 8,000 deferred shares converted into 4,000 equity shares in prop. 2:1. 4,000 bonus equity shares issued in prop. 1:16.

1983 - The Comp. was Incorporated on 8th February at Mumbai. The Comp. manufacture Sugar & allied products & sugar machinery. The products manufactured include sugar, confectionery, sugar candy, sugarcane wax etc. Sugar is produced by double sulphitation process. The Comp. also cultivates sugarcane.

1990 - The Comp. received a letter of intent for expansion of sugar mill capacity from 1,200 TCD to 2,000 TCD.

1993 - 5.5% Pref. shares redeemed on 10.6.1993. Authorised capital classified & increased.