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Mawana Sugars

2nd-Oct-2019 18:51Source: BSE

Mawana Sugars - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures) Requirements, 2015

In terms of the Regulation 30 of the Securities and Exchanges Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, the Stock Exchange is hereby informed that the Board of Directors of the Company in its meeting held today (i.e. October 2, 2019), has decided that an expert agency/Investment Banker/Merchant Banker with strong relevant experience and wide reach be engaged to explore and evaluate the prospects of reorganising the different business verticals of the Company to attract domestic and international investors/interested parties to unlock and realize the maximum value for the assets of the company and to suitably reward the shareholders of the company.

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