Raghuvansh Agrofarms Replies to BSE on Delay in Disclosure
Raghuvansh Agrofarms Limited has provided a response to the BSE regarding a delay in disclosing a corporate announcement made on September 8, 2026. The company explained that the delay was due to the belated receipt of the Supreme Court's order dated August 18, 2026, which was digitally signed and uploaded on August 20, 2026. The Supreme Court dismissed the company's appeals against SEBI and SAT orders, upholding a five-year debarment (which had expired) and a monetary penalty of ₹1,00,000 (paid under protest). The company stated that the delay was also influenced by personal difficulties faced by their advocate in communicating the order promptly. Raghuvansh Agrofarms emphasized that there was no material impact on the company and no intent to withhold information.
Key Highlights
- Company explains delay in disclosing Supreme Court order to BSE.
- Supreme Court dismissed appeals against SEBI/SAT orders.
- Five-year debarment expired; ₹1 Lakh penalty paid under protest.
- Delay attributed to advocate's late communication and order availability.
- No material impact on the company's position.
Price Impact
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