RANA SUGARS LTD. - Outcome of Board Meeting

Rana Sugars Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 05, 2014 has approved signing and execution of Joint Venture Agreement(s) and other related documents with Sindicatum Captive Energy Singapore Pte, Limited for running, controlling and making investments in Rana Energy Limited and Rana Green Power Limited.