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Rajshree Sugars

1st-Oct-2019 16:39Source: BSE

Rajshree Sugars and Chemicals - Disclosure Of Material Information Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015

Ref: Our letters dated 9.7.2018, 22.5.2019, 28.5.2019, 23.7.2019 and 2.8.2019 filed with Stock Exchanges.

In continuation of our letters cited above, we hereby inform you that the Company has, on 30th September 2019, received a legal notice from the State Bank of India to repay the book outstanding of Rs.282.40 Crores as of 31st August 2019 plus unapplied interest and other charges to State Bank of India, UCO Bank, Bank of India, Axis Bank Ltd., and Federal Bank Ltd.
The Company is taking appropriate action.
Kindly take the same on your records.

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