MAWANA

Members of the Exchange are hereby informed that the trading in equity shares of Mawana Sugars Limited shall be suspended w.e.f. October 24, 2007 (i.e. closing hours of trading on October 23, 2007) on account of Scheme of Arrangement for Amalgamation of Mawana Sugars Limited with Siel Limited.

Mawana Sugars Limited has informed the Exchange that: "The Board of Directors of the Company vide its resolution dated 15.10.2007 has fixed 31.10.2007 as "Record Date" for the purpose of determining the entitlement of the shareholders of Mawana Sugars Limited (the Transferor Company), whose names appear in the Register of Members of the Company on the Record Date to receive 3 equity shares of Rs.10/- each i.e. Exchange Shares in Siel Limited, the Transferee Company for every 2 equity shares of Rs.10/- each fully paid up held in the Transferor Company as per the Scheme of Arrangement for Amalga

Mawana Sugars Limited has informed the Exchange regarding a release dated July 31, 2007, titled "9M FY2007 Net Revenues at Rs.5,043 million -Q3 Net Revenues at Rs.1,671 million". The details of the release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Mawana_Rel_08082007.zip target=NEW> For more details click here.</a>

Mawana Sugars Limited has informed the Exchange that by a order made on May 04, 2007, the Hon'ble Court has directed that a meeting of the Equity shareholders, Unsecured Creditors and Secured Creditors of the Applicant Company be held on June 11, 2007 for the purpose of considering, and if thought fit, approving, with or without modification(s), the amalgamation, arrangement and reduction of share capital proposed to be made as embodied in the Scheme of Arrangement between the Applicant Company and Siel Ltd and their respective Shareholders and Creditors ("the Scheme"). The copy of the notices

Mawana Sugars Limited has informed the Exchange that "An application has been filed with the Hon'ble High Court of Delhi for convening of Court convened meetings of Shareholders and Creditors of the Company to consider the Scheme of Arrangement between Siel Limited and Mawana Sugars Limited."

Mawana Sugars Limited has informed the Exchange that "The Company has started commercial production of Co-gen Power at all the three units of the Company situated at Mawana Sugar Works, Mawana, Titawi Sugar Complex, Titawi and Nanglamal Sugar Complex, Nanglamal".

Mawana Sugars Limited has informed the Exchange that : "The Board of Directors in their meeting held on 13.11.2006 and equity shareholders in their Annual General Meeting held on 25.1.2007 have approved the delisting of equity shares of the Company from The Delhi Stock Exchange Association Limited, The Hyderabad Stock Exchange Ltd. and Calcutta Stock Exchange Association Ltd. The Company is now proposing to file an application for voluntary delisting of equity shares with the Delhi Stock Exchange Association Ltd. "

Mawana Sugars Limited has informed the Exchange that the Company has undertaken various expansion Projects and an intimation is now hereby given pursuant to the provisions of Clause 36 of the listing Agreement that the Company has started commercial production in various units as per the following details : (1) Unit : Nanglamal Sugar Complex, Production : Sugar, With Effect From : 16.03.2007; (2) Unit : Nanglamal Sugar Complex, Production : Cogeneration of Power, With Effect From : 16.03.2007; (3) Unit : Titawi Sugar Complex, Production : Sugar, With Effect From : 16.03.2007; (4) Unit : Mawana

Mawana Sugars Limited has submitted to the Exchange a copy of Minutes of the Annual General Meeting (AGM) held on 25.1.2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Mawana_AGM_07022007.zip target=NEW> For more details click here.</a>

Mawana Sugars Limited has informed the Exchange that " the Board of Directors of the Company has in it meeting held on 11th January, 2007 given its approval to the amalgamation of Mawana Sugars Limited with Siel Limited".

Mawana Sugars Limited has informed the Exchange that "the Share Transfer Books and Register of Members of the Company will remain closed from 24.1.2007 to 25.1.2007 (both days inclusive) for the purpose of payment of dividend @ 10% financial year ended September 30, 2006 on its equity shares and the Annual General Meeting of the Company. We further wish to inform you that the Annual General Meeting of the Company will now be held on Thursday, the 25th day of January, 2007 at 10.00 A.M. at Kamani Auditorium, 1, Copernicus Marg, New Delhi - 110001 instead of 15.1.2006 as informed earlier vide ou

Mawana Sugars Limited has submitted to the exchange a copy of an Abstract pursuant to section 302 of the Companies Act, 1956, relating to terms of remuneration payable to Mr. Siddharth Shriram, Managing Director of the Company for the remaining period of his term of appointment of 2 years i.e. from October 01, 2006 to September 30, 2008. A copy of the abstract shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).<a href=/content/corporate/Mawana_241106.zip target=NEW> For more detail

Mawana Sugars Limited has informed the Exchange that the Board of Directors of the Company has met on November 13,2006 to consider the amalgamation of the company and Siel Ltd. After detailed deliberation on the subject, the Board has concluded that it is agreeable in principle to the proposal of amalgamation of MSL (Mawana Sugars Limited) and Siel Ltd. However the Board would like to have additional information for its consideration before giving its final approval at another Board Meeting to be called shortly.

Mawana Sugars Limited has informed the Exchange that the AGM shall be held on January 15,2007, subject to the approval of Registrar of Companies. NCT of Delhi & Haryana for granting an extension to hold the AGM.

Mawana Sugars Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on November 13,2006 has recommended the dividend @ 10% for the financial year ended September 30,2006 on its equity shares.

Mawana Sugars Limited has informed the Exchange that the Company shall publish audited financial results within a period of three months from the end of the last quarter of the current financial year 2005-2006 i.e. quarter ended September 30, 2006.