Rana Sugars Ltd. — Capital/Financing Update 2021

Sep 14, 2021

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REGD. OFFICE: SCO 49-50, SECTOR 8-C, MADHYA MARG CHANDIGARH- 160 009 (INDIA) CIN : L15322CH1991PLC011537, Website: www.ranasugars.com , E-mail : info@ranagroup.com TEL .: 0172-2540007, 2549217, 2541904, 2779565, 2773422, FAX : 0172-2546809

RSL/21-22/CS

To, 14[th ] Day of September, 2021 Department of Corporate Services (DCS) National Stock Exchange of India Limited The BSE Limited, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai-400001. Bandra (E), Mumbai- 400051. Ref: Scrip Code: 507490, Company Symbol: RANASUG

Sub: Disinvestment of equity shares held in Butter Biofuels Private Limited.

Ref: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, this is to inform you that the Company has divested 10% equity investment in M/s. Buttar Biofuels Private Limited by the way of transfer.

The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated 9[th] September, 2015, are given as under:

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----- Start of picture text ----- S. No. Particulars Details of Companya. The amount and percentage of the turnover Buttar Biofuels Private Limited has not commencedor revenue or income and net worth any business operation/ activity(ies) since itscontributed by such unit or division of the incorporation. It has a net worth of Rs. 1.00 Lakh as atlisted entity during the last financial year; 31 [st] March 2021.b. Date on which the agreement for sale has The transfer deed was executed on 14 [th] September,been entered into; 2021.c. The expected date of completion of sale/ The date of completion of divestment of equitydisposal; investment is 14 [th] September, 2021.d. Consideration received from such sale/ The consideration for divestment of equity investmentdisposal; held in Buttar Biofuels Private Limited is Rs. 10/- pershare aggregating to Rs. 10,000/-e. Brief details of buyers Name No. of SharesRana Karan Pratap Singh 500Rana Preet Inder Singh 500f. Whether any of the buyers belong to the Yes, both the buyers belong to promoter/ promoterspromoter/ promoter group/ group group / group companies.companies. If yes, details thereof;----- End of picture text -----

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REGD. OFFICE: SCO 49-50, SECTOR 8-C, MADHYA MARG CHANDIGARH- 160 009 (INDIA) CIN : L15322CH1991PLC011537, Website: www.ranasugars.com , E-mail : info@ranagroup.com TEL .: 0172-2540007, 2549217, 2541904, 2779565, 2773422, FAX : 0172-2546809

g.	Whether the transaction would fall withinrelated party transactions? If yes, whether thesame is done at“arm’s length”;	Yes, the transaction falls within the related partytransaction. The transaction was done at arm’s length.
h.	Additionally, in case of a slump sale,indicativedisclosuresprovidedforamalgamation/ merger, shall be disclosed bythe listed entity with respect to such slumpsale.	None

You are requested to kindly take the above on your records.

Thanking you, Yours sincerely ,

For RANA SUGARS LIMITED

MANMOHA Digitally signed by MANMOHAN N KUMAR KUMAR RAINA Date: 2021.09.14 RAINA 15:36:30 +05'30' MANMOHAN K RAINA

Company Secretary cum Compliance Officer