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| Exchange Disseminated Time | | With reference to the earlier announcement dated April 09, 2014 where the Board of Directors in their meeting had discussed and accepted in-principle the introduction of Voluntary Retirement Scheme (VRS) for the workmen at the factory and also advised in this regard that a proper agreement needs to be entered, Ravalgaon Sugar Farm Ltd has now informed BSE that accordingly, an agreement for Voluntary Retirement Scheme (VRS) for the workmen at the factory complying with the requirements under the applicable laws has been entered into between the representatives of the management and the representatives of workmen on July 30, 2014. |
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