Updates

Refer: MSL/BSE/NSE/ September 04, 2026 BSE Limited National Stock Exchange of India Ltd 25th Floor, Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai 400 001 Mumbai 400 051 Scrip Code: 523371 Scrip Symbol: MAWANASUG Sub: Disclosure/Intimation under Regulation 30 of SEBI (LODR) Regulations 2015 Dear Sir, Pursuant to Regulation 30 read with clause 20 of Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that Office of the Joint Commissioner (Tax Audit) State Tax, Meerut, Uttar Pradesh, has issued a notice u/s 65 (6) of the Central Goods and Services Tax Act, 2017 (CGST Act, 2017) regarding the audit findings following completion of a GST departmental audit and has raised a demand of Rs.12,94,107/- against Nanglamal, a unit of the Company. Detailed disclosure is as under: Form A Disclosure regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 [Regulation 30(13) - Disclosure of communication from regulatory, statutory, enforcement or judicial authority] Sl. No. Particulars Details 1. Name of the listed entity Mawana Sugars Limited 2. Type of communication A notice u/s 65 (6) of the Central Goods and Services Tax received Act, 2017 (CGST Act, 2017) regarding the audit findings following completion of a GST departmental audit and has raised a demand of Rs.12,94,107/- against Nanglamal, a unit of the Company. 3. Date of receipt of 03 September 2026 communication 4. Authority from whom Office of the Joint Commissioner (Tax Audit) State Tax, communication received Meerut, Uttar Pradesh. 5. Brief summary of the A notice u/s 65 (6) of the Central Goods and Services Tax material contents of the Act, 2017 (CGST Act, 2017) regarding the audit findings communication received, following completion of a GST departmental audit and including reasons for has raised a demand of Rs.12,94,107/- against receipt of the Nanglamal, a unit of the Company. communication 6. Period for which Financial Year 2022-23 communication would be applicable, if stated 7. Expected financial There will be no financial implication on the Company implications on the listed except the total amount of Rs. 12,94,107/- (comprising company, if any Rs.10,14,716/- towards the tax liability & and interest Rs. 386/- and other amount Rs.2,79,005/-). 8. Details of any N.A. aberrations/non- compliances identified by the authority in the communication 9. Details of any penalty or Liability imposed of total amount of Rs. 12,94,107/- restriction or sanction (comprising Rs.10,14,716/- towards the tax liability & and imposed pursuant to the interest Rs. 386/- and other amount Rs.2,79,005/-). communication 10. Action(s) taken by listed The Company will file an appeal against the notice within company IPL has further stipulated time period. informed that it has with respect to the communication 11. Any other relevant N.A. information Form – B (Details as required under the applicable provisions of Regulation 30, read with schedule III, Part- A, Para- A, sub-para 20) Sl. No. Particulars D etails 1. name of the authority; Office of the Joint Commissioner (Tax Audit) State Tax, Meerut, Uttar Pradesh. 2. nature and details of the A notice u/s 65 (6) of the Central Goods and Services Tax action(s) taken, initiated or Act, 2017 (CGST Act, 2017) regarding the audit findings order(s) passed; following completion of a GST departmental audit and has raised a demand of Rs.12,94,107/- against Nanglamal, a unit of the Company. 3. date of receipt of direction 03.09.2026 or order, including any ad- interim or interim orders, or any other communication from the authority; 4. details of the violation(s)/ a notice u/s 65 (6) of the Central Goods and Services Tax contravention(s) Act, 2017 (CGST Act, 2017) regarding the audit findings committed or alleged to be following completion of a GST departmental audit and committed; has raised a demand. 5. impact on financial, There will be no financial implication on the Company operation or other activities except the total amount of Rs. 12,94,107/- (comprising of the listed entity, Rs.10,14,716/- towards the tax liability & and interest quantifiable in monetary Rs. 386/- and other amount Rs.2,79,005/-). terms to the extent possible. This is for the information of the Members of the Exchange. Thanking you, Yours faithfully, For Mawana Sugars Limited (Ashok Kumar Shukla) Company Secretary ACS-29673