RIGA SUGAR COMPANY LTD.-$

Riga Sugar Company Ltd has announced that its Board of Directors will convene on November 7, 2026. The primary agenda item for this meeting is to consider and approve the unaudited standalone financial results for the quarter and half-year ended September 30, 2026. The company will also host this disclosure on its official website.

Riga Sugar Company Ltd has announced a closure of its trading window for designated persons and their immediate relatives. This closure will be effective from October 1, 2026, and will remain in effect for 48 hours after the submission of the company's unaudited financial results for the quarter and half-year ending September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The disclosure will also be available on the company's website.

Riga Sugar Company Ltd conducted its 42nd Annual General Meeting (AGM) on September 15, 2026, through video conferencing, adhering to Ministry of Corporate Affairs and SEBI circulars. The meeting was attended by the Chairman, Managing Director, other Directors, and Key Managerial Personnel, including the Chief Financial Officer and Company Secretary. Several shareholders and members of the promoter group also joined virtually. The requisite quorum was met with 9 members holding 1,44,43,405 equity shares. Committee Chairpersons were present to address member queries. The Company Secretary confirmed the availability of the AGM notice and Annual Report for FY25-26 on the company website and BSE.

Riga Sugar Company Ltd has announced the appointment of M/s Mahendra H. & Company as its Internal Auditor for the financial year 2026-27. This decision was approved by the Board of Directors during a meeting held on August 13, 2026. The board also approved the unaudited financial results for the quarter ended June 30, 2026, and the appointment of CS Shashi Shekhar as Secretarial Auditor. Additionally, the company plans to convene its 42nd AGM on September 15, 2026, and is proceeding with shifting its registered office from West Bengal to Karnataka, along with setting up a corporate office in Bangalore.

Riga Sugar Company Ltd has approved the appointment of CS Shashi Shekhar of M/s Arora Shekhar and Company as the Secretarial Auditor for a five-year term starting April 1, 2026, subject to shareholder approval. The Board also approved the Unaudited Financial Results for Q1 FY27, showing total income of ₹2,935.25 crore. Additionally, the company approved the appointment of M/s Mahendra H. & Company as Internal Auditor for FY27, decided to convene the 42nd AGM on September 15, 2026, and approved shifting its registered office from West Bengal to Karnataka, along with setting up a corporate office in Bangalore.

Riga Sugar Company Ltd announced the outcome of its Board Meeting held on August 13, 2026. The board approved the unaudited standalone financial results for the quarter ended June 30, 2026, with an unmodified conclusion from the statutory auditors. Key decisions also included the appointment of M/s Mahendra H. & Company as Internal Auditors for FY 2026-27 and CS Shashi Shekhar as Secretarial Auditors for five years. The 42nd Annual General Meeting is scheduled for September 15, 2026. Furthermore, the company approved the shifting of its registered office from West Bengal to Karnataka and the setting up of a corporate office in Bangalore.

Riga Sugar Company Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda for this meeting is to consider and approve the unaudited standalone financial results for the quarter that concluded on June 30, 2026. This disclosure is in compliance with SEBI regulations and the company will also host the information on its official website.

Riga Sugar Company Ltd announced the appointment of Mr. Saurav Singh as the new Company Secretary and Compliance Officer, effective August 01, 2026. The decision was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Singh, an Associate Member of the Institute of Company Secretaries of India with over seven years of experience, will also serve as Key Managerial Personnel. The company also updated contact details for its Key Managerial Personnel authorized for disclosures.

Riga Sugar Company Ltd. has reported its unaudited financial results for the quarter and half year ended 30th September 2024. The company is currently in the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Due to the liquidation process, the financial results do not include current and non-current assets and liabilities. There are various claims submitted by financial creditors, operational creditors, employees, and other creditors, the overall obligations and liabilities of which will be determined during the CIRP / Liquidation. The company has not assessed or reviewed the plant, machinery, and other fixed assets for impairment, and the impact of employee-related benefits like Gratuity has not been ascertained. There are non-compliances of certain statutory obligations applicable to the company as evidence of compliance has not been provided.

Riga Sugar Co Ltd has released its financial results for the quarter ended June 2024. The company is currently undergoing liquidation proceedings under the Insolvency and Bankruptcy Code, 2016. The financial results have been prepared on a going concern basis, with the consequent effect of the liquidation not given in the accounts. There has been a considerable decline in the level of operations and the net worth of the company, which continues to incur losses. The auction for the sale of the company as a going concern was held and a successful bidder has emerged. The sale of the corporate debtor as a going concern was successful and a Sale Certificate has been issued. However, certain debit and credit balances are subject to reconciliation with individual details and confirmation, and adjustments are currently not ascertainable.