Mawana Sugars Wins NCLT Sanction For Mawana Foods Merger

NCLT sanctioned Mawana Foods’ amalgamation into wholly owned parent Mawana Sugars, enabling corporate simplification and operational synergies without issuing shares. Assets, employees, contracts and liabilities—including pending tax matters—transfer to Mawana Sugars; effectiveness requires certified-order filing with RoC. Notably, the order specifies appointed date as 1 April 2026.