Announced Thu, 3 Sept · 17:02 IST
NCLT approves amalgamation of Mawana Foods into Mawana Sugars
MAWANASUG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹146.99
prior close
₹146.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4-1.1-1.6-0.8-0.7-3.2-5.0-7.3-8.9-14.5————
Up moveDown movePending
AI summary
The NCLT Delhi Bench has sanctioned the Scheme of Amalgamation of Mawana Foods Private Limited (Transferor) with Mawana Sugars Limited (Transferee) under Sections 230 to 232 of the Companies Act, 2013. This follows the company's earlier intimation dated 20 March 2026. The copy of the NCLT order will be submitted to the stock exchanges once uploaded on the NCLT website.
Likely market impact
Mawana Foods will merge into Mawana Sugars, consolidating the two entities. Shareholders may see changes in shareholding pattern post-merger.