Mawana Sugars

Mawana Sugars received sanction from the Delhi bench of the NCLT for the amalgamation of its wholly owned subsidiary, Mawana Foods Private Limited, with the order delivered on September 3, 2026. Mawana Foods, which traded sugar under the Mawana brand, will be dissolved without winding-up, while its assets, liabilities, employees and contracts will vest in Mawana Sugars; no fresh shares are contemplated as consideration. The scheme had been approved by Mawana Sugars’ equity shareholders and unsecured creditors, and the final hearing had been completed before the order was reserved. Mawana Sugars reported FY26 standalone revenue from operations of ₹1,564.16 crore and borrowings of ₹419.50 crore.

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Mawana Sugars received sanction from the Delhi bench of the National Company Law Tribunal for the amalgamation of Mawana Foods Private Limited into the company on September 3, 2026. The scheme covers Mawana Foods as the transferor company and Mawana Sugars as the transferee company, along with their respective shareholders and creditors. Mawana Foods became a wholly owned subsidiary after Mawana Sugars acquired the remaining 66.26% stake from Usha International in December 2024. The board approved the amalgamation in August 2025, and the NCLT hearing was completed with the order reserved by August 8, 2026.

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Sept 3 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• NCLT SANCTIONS AMALGAMATION OF MAWANA FOODS AND MAWANA SUGARS

Further company coverage: MAWS.NS

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Mawana Sugars' board recommended a final dividend of ₹4 per share for the financial year ended March 2026, a payout that represents 40% of the equity's face value. The announcement, made after the board meeting on June 5, marks a reversal from the earlier decision to defer the dividend when the annual results were approved in May. The dividend, subject to shareholder approval at the annual general meeting scheduled for July 4, will be paid to investors on record as of June 27.

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Jan 23 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• INCOME TAX DEPARTMENT DROPS DEMAND OF 95.5 MILLION RUPEES

Source text: ID:nNSE2gmvk5

Further company coverage: MAWS.NS

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Dec 17 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• INDIA'S SEBI - ADJUDICATION ORDER IN MATTER OF MAWANA SUGARS

• SEBI - ADJUDICATION PROCEEDINGS AGAINST FORMER EXECS OF MAWANA SUGARS STAND DISPOSED OF WITHOUT ANY MONETARY PENALTY

Source text: [ID:]

Further company coverage: MAWS.NS

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April 28 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• CLOSES CRUSHING OPERATIONS FOR 2024-25 SEASON

Source text: ID:nNSE8h919r

Further company coverage: MAWS.NS

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** Shares of Mawana Sugars MAWS.NS fall as much as 4.3% to 98.2 rupees

** Sugar manufacturer's units get notices from Delhi government's anti-corruption branch, seeking information about transactions by co's agent

** Stock set to fall for fifth straight day

** More than 87,000 shares traded vs 30-day avg of 106,549

** MAWS last down 1.5%, trims YTD gains to 4.6%

(Reporting by Meenakshi Maidas in Bengaluru)

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Dec 16 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• MAWANA SUGARS LTD - UNITS RECEIVE NOTICES FROM ANTI-CORRUPTION BRANCH

Source text: ID:nBSE4bpW82

Further company coverage: MAWS.NS

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April 26 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• CLOSED CRUSHING OPERATIONS FOR THE SEASON 2023-24 IN ITS UNIT MAWANA SUGAR WORKS

Further company coverage: MAWS.NS

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Jan 3 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• APPROVED INVESTMENT PROPOSAL OF 113.9 MILLION RUPEES FOR BAGASSE SAVING PROJECT

• INVESTMENT FOR REDUCING STEAM CONSUMPTION, CONSISTENCY IN MILLING OPERATIONS IN UTTAR PRADESH UNIT

Source text for Eikon: ID:nBSE9fkrrf

Further company coverage: MAWS.NS

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Oct 26 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• COMPETITION COMMISSION OF INDIA HAD PASSED ORDER AGAINST VARIOUS SUGAR COMPANIES INCLUDING CO

• CCI IMPOSED PENALTY OF 24.5 MILLION RUPEES ON CO

Source text for Eikon: ID:nBSEbTjllQ

Further company coverage: MAWS.NS

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Sept 28 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• UPDATE ON SUSPENSION OF DISTILLERY OPERATIONS AT NANGLAMAL SUGAR COMPLEX, UP

• PERMISSION GRANTED TO TRANSFER MOLASSES FROM CO'S SUGAR UNITS TO DISTILLERY UNIT

• OPERATIONS OF CO DISTILLERY AT NANGLAMAL SUGAR COMPLEX, MEERUT, U.P. HAS RESUMED EFFECTIVE SEPT 28

Further company coverage: MAWS.NS

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Sept 19 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• SUSPENSION OF DISTILLERY OPERATIONS AT NANGLAMAL SUGAR COMPLEX, MEERUT

• CO HAS TAKEN A SCHEDULED STOPPAGE TO UNDERTAKE THE ROUTINE MAINTENANCE WORK AT DISTILLERY

• SUSPENSION DUE TO NON-AVAILABILITY OF MOLASSES RELEASE PERMITS BY UTTAR PRADESH EXCISE DEPARTMENT TO DISTILLERIES IN STATE

Source text for Eikon: ID:nBSE8VYq7V

Further company coverage: MAWS.NS

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May 30 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• INDIA'S MAWANA SUGARS MARCH-QUARTER CONSOL NET PROFIT 521.4 MILLION RUPEES VERSUS PROFIT 310.5 MILLION RUPEES

• MAWANA SUGARS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.50 BILLION RUPEES VERSUS 2.94 BILLION RUPEES

• DIVIDEND 3 RUPEES PER SHARE

Further company coverage: MAWS.NS

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April 3 (Reuters) - Mawana Sugars Ltd MAWS.NS:

• TO SELL CO'S NON- AGRICULTURAL LAND MEASURING 40.493 ACRES IN UTTAR PRADESH

Source text for Eikon: ID:nBSE8TR2rr

Further company coverage: MAWS.NS

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