NCLT approves amalgamation of Mawana Foods with Mawana Sugars

NCLT Delhi approved the amalgamation of Mawana Foods Private Limited (its wholly owned subsidiary, engaged in sugar trading under the Mawana brand) with Mawana Sugars Limited. Since the transferor is a wholly owned subsidiary, no new shares will be issued and no share swap ratio applies. Appointed date is April 1, 2025. Mawana Foods will be dissolved without winding up, and all its assets, liabilities, contracts and employees will transfer to Mawana Sugars. The merger aims to consolidate similar businesses, cut duplication, and unlock operational synergies.