Usha International sells its majority stake in Mawana Sugars

14 Aug 2013 Evaluate

Usha International (erstwhile Promoter) has transferred its majority stake in Mawana Sugars to Siddharth Shriram (Sole Promoter) to raise his holding in the company to 66.48%. Accordingly, Usha International has ceased to be Promoter of Mawana Sugars.

Mawana Sugars has been engaged in the business of manufacturing and selling of chemicals, sugar and edible oils. The company has at present two sugar divisions / units / undertakings viz. at Mawana Sugar Works (MSW) at Mawana, dist. Meerut and Titawi Sugar Complex (TSC) at Titawi, dist. Muzaffarnagar, both in Uttar Pradesh. Both the units are engaged in the business of manufacture and sale of sugar.

Mawana Sugars Share Price

100.50 -0.55 (-0.54%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Shree Renuka Sugar 39.83
Bajaj Hindusthan Sug 31.14
Balrampur Chini Mill 537.05
Triveni Engg. & Inds 453.75
Dalmia Bharat Sugar 379.55
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.