Mawana Sugars plans to sell its Titawi Sugar Complex

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Capital Market
Last Updated : Nov 18 2016 | 6:47 PM IST

To Indian Potash

Mawana Sugars announced that pursuant to a Board Resolution dated 10 May 2016 (which was reported to the stock exchanges), subject to all statutory and other necessary approvals, including shareholders' approval, the Board of Directors of the Company has agreed to sell one of the operating units of the Company viz. Titawi Sugar Complex (TSC) situated at Titawi, Distt. Muzaffarnagar, Uttar Pradesh as a going concern on an 'As is Where is What is' basis to Indian Potash.

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First Published: Nov 18 2016 | 5:59 PM IST

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