Corporate Announcement
Security Code : 523371    Company : MAWANASUG    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  17/08/2018 18:04:24         Exchange Disseminated Time   17/08/2018 18:04:35              Time Taken   00:00:11
The Board of Directors in its meeting held today has discussed and given in-principle approval for the following:
(a) Installation of Incinerator Boiler, Evaporators and Bagasse shed at its Unit Nanglamal Sugar Complex (NSC) (Nanglamal Distillery) situated at Nanglamal, Meerut, U.P. with an estimated cost of Rs 29.00Crores.
(b) To explore the possibility of expansion of NSC Distillery by 30 KLPD i.e. from 120 KLPD to 150 KLPD with a view to evaluating the project economics vis a vis availability of molasses, bagasse etc.
(c) Apply to Government of India, Department of Food and Public Distribution (DFPD) for putting up a new Distillery of 120 KLPD at Mawana Sugar Works, Mawana, U.P., a unit of the Company.
 

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