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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S. No. Particulars Details of Company
a. The amount and percentage of the turnover Buttar Biofuels Private Limited has not commenced
or revenue or income and net worth any business operation/ activity(ies) since its
contributed by such unit or division of the incorporation. It has a net worth of Rs. 1.00 Lakh as at
listed 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 equity
disposal; investment is 14 [th] September, 2021.
d. Consideration received from such sale/ The consideration for divestment of equity investment
disposal; held in Buttar Biofuels Private Limited is Rs. 10/- per
share aggregating to Rs. 10,000/-
e. Brief details of buyers Name No. of Shares
Rana Karan Pratap Singh 500
Rana Preet Inder Singh 500
f. Whether any of the buyers belong to the Yes, both the buyers belong to promoter/ promoters
promoter/ promoter group/ group group / group companies.
companies. If yes, details thereof;
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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 within related party transactions? If yes, whether the same is done at“arm’s length”;	Yes, the transaction falls within the related party transaction. The transaction was done at arm’s length.
h.	Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/ merger, shall be disclosed by the listed entity with respect to such slump sale.	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