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Mawana Sugars informs about outcome of board meeting

10 Nov 2023 Evaluate
Mawana Sugars has informed that it enclosed a copy of Unaudited Financial Results (both Consolidated and Standalone) and Limited Review Report(s) along with statements giving segment wise revenues, results and segment assets & liabilities for the quarter and half year ended 30.09.2023 as approved by the Board of Directors of the Company in its meeting held today, 10.11.2023. Further, the Board of Directors has also approved the following: Keeping and maintaining Books of Accounts and other related/financial documents of the Company at Plot No 3, Sector 32, Institutional Area, Gurugram- 122001; Unsecured loan of Rs 4 Crores to Siel Industrial Estate, the wholly owned subsidiary of the Company, for a period of Two years at interest @ 9.5% per annum; Conversion of the outstanding 'unsecured advances' of Rs 7.20 Crores to unsecured loan' given to Siel Industrial Estate, the wholly owned subsidiary of the Company, for a period of Two years at interest @ 9.5% per annum; Renewal of the Unsecured Loan of Rs 1.00 crore given to Siel Industrial Estate, the wholly owned subsidiary of the Company, at interest@ 9.5% per annum for a period of One year.

The above information is a part of company’s filings submitted to BSE.

Mawana Sugars Share Price

104.34 2.96 (2.92%)
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