Mawana Sugars Limited — Important, 10-07-2025: General Updates

Mawana Sugars has announced a contingent liability of Rs 9.5 Cr related to import and export pass fees on Denatured Spirit and Power Alcohol deferred by the UP government since 2018-19. This follows a Supreme Court ruling in an unrelated case, prompting the state to demand payment. The company, backed by legal advice, disputes the demand pending fresh legislation and will disclose this as contingent liability until the matter is resolved. No penalties or operational impacts reported so far.