Mawana Sugars has entered into one time settlement with Axis Bank, for settling its total dues Rs 81.76 crore. The consolidated agreed amount of Rs 33.00 crore to be paid by the company in four installments up to March 25, 2017. The Board of Directors of the company has agreed for the same.
Mawana Sugars has been engaged in the business of manufacture and selling of chemicals, sugar and edible oils.