NSEGeneral Updates6 Oct 2026 · 6 Oct 2026, 06:04 pm
General Updates
Mawana Sugars Limited · MAWANASUG
✦ AI SummaryLitigation
Mawana Sugars Limited has informed the Exchange about an update on ongoing litigation regarding a wrongly availed Input Tax Credit of Rs. 4,82,792/- plus penalty and interest. The Company filed an appeal against the demand, and the Central Goods & Services Tax (Appeals) accepted the Company's contentions, setting aside the demand.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10
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Mawana Sugars Limited has informed the Exchange about Update on Ongoing Litigation - Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015
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Refer: MSL/BSE/NSE/ October 6, 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
523371 MAWANASUG
Scrip Code: Scrip Symbol:
Sub: Update on Ongoing Litigation - Intimation under Regulation 30 of the
Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir,
We refer to our intimation dated 19th December, 2025, wherein the Company, pursuant to
Regulation 30 read with clause 20 Para A of Part A of Schedule III of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, had
informed that Mawana Sugar Works(MSW), Mawana, a unit of the Company, has received a
letter on 18.12.2025 from Office of the Superintendent, Central Goods & Service Tax, Range
Mawana, DIV-II, Muzaffarnagar, Uttar Pradesh.
In this regard, we wish to inform you that the Company represented its case by filing an appeal
against the demand notice on account of alleged wrongly availed Input Tax Credit. Pursuant the
same, the Office of Commissioner, Central Goods & Services Tax (Appeals) Meerut has set aside
the demand of Input Tax Credit of Rs. 4,82,792/- plus Rs.4,82,792/- penalty as per Section 74(1)
of CGST Act read with Section 20 of IGST Act and interest as per section 50 of CGST Act read
with Section 20 of IGST Act for availing wrong Input Credit Tax(ITC).
SI. No. Particulars Details
1. the details of any/ change in The Company filed an appeal against the demand
the status and/o r any notice. Upon examination of the matter, the Central
development in relation to Goods & Services Tax (Appeals) accepted the
such proceedings; Company's contentions and held that the allegation
was not sustainable in view of the facts and evidence
available on record.
Accordingly, the demand of Input Tax Credit of Rs.
4,82,792/- plus Rs.4,82,792/ - penalty as per Section
7 4(1) of CGST Act read with Section 20 of IG ST Act and
interest as per section 50 of CGST Act read with Section
20 of IGST Act for availing wrong Input Credit
Tax(ITC) has been set aside.
MAWANA SUGARS LIMITED
CIN ; L74 1 OODLl 961 PLC003413
Corporate Office: Registered Office:
Ploj No. 03, lnstitutionol Area 5th Floor, Kirti Mahal, 19, Rajendra Place
Sector-32, Gurumam-122 001 (India) New Delhi-110125 (India)
T 91-124-4447856 T 91-ll-25739103F91-ll-25743659
2. in the case of litigation Not Applicable
against key management
personnel or its promoter or
ultimate person in control,
regularly provide details of
any change in the status
and/ or any development in
relation to such
proceedings;
3. in the event of settlement of Not applicable
the proceedings, details of
such settlement including -
terms of the settlement,
compensation/ penalty paid
(if any) and impact of such
settlement on the financial
position of the listed entity.
This is for the information of the Members of the Exchange.
Thanking you,
Yours faithfully,
For Ma�wana Sugai;l'l,tii:mH etJ:;�
� ; NewDe1h)\ll i'
(Ashok Kumar ShuRiaj_--{,, "}:-?J ">. ..'j ' /
Company Secretary
ACS-29673