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Mawana Sugars Seeks Reclassification of Shareholding

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Mawana Sugars Seeks Reclassification of Shareholding

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The latest announcement is out from Mawana Sugars Limited ( (IN:MAWANASUG) ).

Mawana Sugars Limited has applied for the reclassification of Siel Infrastructure & Estate Developers Pvt. Ltd.’s shareholding status from ‘Promoter/Promoters Group’ to ‘Public Shareholder.’ This move, submitted to both BSE and NSE, is in accordance with SEBI regulations and could impact the company’s shareholder structure and market perception.

More about Mawana Sugars Limited

Mawana Sugars Limited operates in the sugar industry, focusing on the production and distribution of sugar and related products. The company is involved in the manufacturing of sugar and its by-products, catering to various market segments.

Average Trading Volume: 5,165

Technical Sentiment Signal: Sell

Current Market Cap: 3.33B INR

Learn more about MAWANASUG stock on TipRanks’ Stock Analysis page.

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