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Incorporated in 1989, Mawana SugarsLtd is in the business of Sugar, IndustrialAlcohol and Co-generation of Power
The Board approved financial results, deferring dividend consideration. Key developments: Gurugram land transfer timeline extended, new power tariff boosted revenue by 5.05 Cr, and 6.42 Cr assets reclassified for sale. A 9.43 Cr exceptional item reversal boosted earnings.
Mawana Sugars announced the closure of its sugar crushing operations for the season at its Mawana Sugar Works unit, Meerut, UP, marking a key operational milestone.
Mawana Sugars has concluded its sugarcane crushing operations for the 2025-26 season at its Nanglamal Sugar Complex. This marks the completion of the annual production cycle.
Mawana Sugars' unit, Nanglamal Sugar Complex, successfully challenged a Rs. 1,22,415 liability for alleged e-way bill irregularities. The liability has been canceled, positively impacting the company's financial obligations.
Mawana Sugars' Nanglamal Sugar Complex received a Rs. 90,000 penalty from U.P. Excise. This was for low alcohol recovery from molasses during 2019-22, indicating a minor operational non-compliance.