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Mawana Sugars
BSE: 523371NSE: MAWANASUGISIN: INE636A01039

6th-Jul-2013 15:56Source: BSE

Mawana Sugars - Updates

Mawana Sugars Ltd has informed BSE that the Company has sold its entire investment i.e. 31,29,994 equity shares of Rs. 10/- each fully paid up (65.03% of the paid up capital) held by it in Mawana Foods Limited (MFL), a subsidiary of the Company at a price of Rs. 26.12 per share to Usha International Limited.

Accordingly, MFL ceased to be the subsidiary of the Mawana Sugars Ltd w.e.f. June 29, 2013.

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