BSECompany Update28 Sept 2026 · 28 Sept 2026, 01:44 pm

This is with reference to your letter under Ref. No. L/SURV/ONL/PV/SG/2026-27/391 dated 28.09.2026 received through email seeking clarification on Volume Movement of Complany''s Securities. There has been no extra-ordinary event or actiivty in the Company which would warrant any exceptional movement of Volume/Share price on the exchange. However, the price/ volume movement of its shares on exchange seems to be in sync with the shares of other ....

Mawana Sugars Ltd · 523371

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Mawana Sugars Ltd clarified that there has been no extraordinary event or activity in the company that would warrant exceptional movement of volume/share price on the exchange, attributing the increase in volume to market-driven factors.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Mawana Sugars Ltd - 523371 - Clarification - Volume Movement Letter

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Refer: MSL/BSE/BSE/ 28 September, 2026 BSE Limited 25th Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Scrip Code: 523371 Sub: Increase in Volume Dear Sir/Madam, This is with reference to your letter under Ref. No. L/SURV /ONL/PV /SG/2026-2027 /391 dated 28.09.2026 received through email seeking clarification on spurt in volume of Company's securities across exchanges in the recent past. There has been no extra-ordinary event or activity in the Company which would warrant any exceptional movement of volume/share price on the Exchange. However, the price/volume movement of its shares on exchange seems to be in sync with the shares of other sugar companies and the increase in the volume is purely market driven. The management of the company is in no way connected with the increase in the volun1e of the shares. It is confirmed that there is no information/ announcement(including any impending announcement) which in our opinion may have a bearing on the price/volume behavior of Mawana's scrip. The Company has always ensured that all requisite information/ announcements required to be disclosed or intimated to the Exchanges pursuant to the provisions of Regulation 30 of the Securities and Exchanges Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 and amendments thereto is made available on time. The Company stands committed to promptly make all information/ disclosures required to be made under the Regulations from time to time. We trust you will find this in Order. Assuring you of our best attentions at all times. Thanking You, Yours Faithfully, For Mawana Sugars Limited (ASHOK KUMAR SHUKLA) COMPANY SECRET ARY MAWANA SUGARS LIMITED CIN • L7410 0DLl 961 PLC003413 Corporale Office: Registered Office: Pio/ No. 03, Institutional Area 5th Floor, Kirti Mohal, 19, Rojendro Place ~ Sector-32, Gurugram-122 001 {India) New Delhi-110125 (Indio) E corporole@mawanasugors.com T 91-124-4447856 T 91-ll-25739103 F91-ll-25743659 www.mowonosugars.com iKRIRAJI