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| Exchange Disseminated Time | Mawana Sugars Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 15, 2013, has approved the following:
1. Accepted the resignation of Mr. Sunil Kakria, Managing Director of the Company effective close of business on July 31, 2013.
2. To dispose off 23,00,000 equity shares of face value of Rs. 5/- each comprising 5% paid up equity capital held by the Company in Ceratizit India Pvt. Ltd. (CIPL), a joint venture Company for a total consideration of Rs. 16 Crores. |
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