Mawana Sugars Limited — Important, 13-08-2025: Updates

Mawana Sugars' Nanglamal Sugar Complex unit faces a fine related to its distillery operations. The Assistant Excise Commissioner alleges a higher-than-prescribed alcohol recovery rate from molasses between 2019 and 2022. This has resulted in a financial implication of ₹14.20 lakh (₹0.14 Cr), comprising a penalty and a recovery from performance security. The company is actively challenging this by filing a review application with the excise commissioner.