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Board of Mawana Sugars to consider investment/ divestment in subsidiaries

Capital Market 

On 25 February 2021

The Board of Mawana Sugars will meet on 25 February 2021 to consider investment in proposed issue of Redeemable Cumulative Preference Shares by Siel Industrial Estate, a subsidiary of the company. The Board will also consider sale of shares of Siel Financial Services (SFSL), a subsidiary of the Company and also consider conversion of outstanding dues of the company in Siel Financial Services of Rs.3.66 crore.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Sat, February 20 2021. 12:27 IST