Corporate Announcement
Security Code : 523371    Company : MAWANASUG    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     23/10/2015 16:30:21
Mawana Sugars Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 23, 2015, has approved the following:

1. Appointed Mrs. Parmjit Kaur, as an Additional Director (under the category of Non-Executive Independent Woman Director) on the Board of Directors of the Company w.e.f. October 23, 2015.

2. Approved Investment of Rs. 4,00,00,000/- (Rs. Four Crores only) in the 5 % Redeemable Cumulative Preference shares to be issued by Siel Industrial Estate Ltd. (a subsidiary of Mawana Sugars Limited) on Right Basis.
 

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