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Incorporated in 1989, Mawana SugarsLtd is in the business of Sugar, IndustrialAlcohol and Co-generation of Power
Mawana Sugars' unit Nanglamal faces a tax demand of ₹0.13 Cr after a GST audit. The company will appeal this notice for the amount comprising tax liability and other charges.
Mawana Sugars secured NCLT approval for amalgamating its wholly-owned subsidiary, Mawana Foods. This aims to streamline operations, achieve synergies, and boost cost efficiency by integrating their sugar businesses. Mawana Sugars will assume all assets and liabilities of Mawana Foods and continue addressing its own existing Rs 5.21 Cr outstanding tax...
Mawana Sugars announced NCLT sanctioned its Scheme of Amalgamation with Mawana Foods. This key business development legally combines the two entities, simplifying the corporate structure.
Mawana Sugars' 62nd AGM is approaching. The Board proposes a ₹1 final dividend (40%) per share for FY25-26. Shareholders must update PAN, KYC, and bank details. Dividends for physical holders will be withheld if details are not updated, as payments are now electronic only.
Mawana Sugars (MSL) has secured approval from NSE and BSE to reclassify Siel Infrastructure & Estate Developers Pvt Ltd from a promoter group to a public shareholder. This move significantly boosts MSL's public shareholding. The impact is generally positive, as it can enhance market liquidity and improve compliance with public...