Mawana Sugars has informed about board of directors of the Company in its meeting held on 31.3.2017, has approved investment of Rs 80,000,000 in the 5% Redeemable Cumulative Preference Shares to be issued by Siel Industrial Estate (a subsidiary of Mawana Sugars) on Rights Basis.
The above information is a part of company’s filings submitted to BSE.