Mawana Sugars Ltd (MAWS.NS)
|Market Cap (Mil.):||Rs336.40|
|Shares Outstanding (Mil.):||39.12|
Siddharth Shriram-controlled Mawana Sugars Ltd (MSL) has entered into a definitive agreement to sell 5 per cent stake in its joint venture firm Ceratizit India Pvt Ltd for Rs 16 crore, as per a stock market disclosure. It did not disclose whether it has sold the stake to its Luxembourg-based partner Ceratizit or to another buyer.
Siddharth Shriram-controlled Mawana Sugars Ltd (MSL) has sold its entire 65.03 per cent stake in its subsidiary Mawana Foods Ltd (MFL) to its own promoters' firm Usha International Ltd for Rs 8.1 crore or around, as per a stock market disclosure.