Mawana Sugars has received an approval to purchase the entire shareholding of Mawana Foods (MFPL) held by Usha International (UIL) at a total consideration of Rs 14,11,10,000. The Board of Directors of the company at its meeting held on February 13, 2018, approved the same.
Mawana Sugars has been engaged in the business of manufacture and selling of chemicals, sugar and edible oils.