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Mawana Sugars: Unsecured Creditors Meeting on Feb 21, 2026 for Amalgamation Scheme
Mawana Sugars Limited
January 16, 2026, 01:42 PM
Mawana Sugars Limited will hold a meeting for Unsecured Creditors on February 21, 2026, to vote on the amalgamation scheme with Mawana Foods Private Limited. Remote e-voting is open from February 18 to February 20, 2026. Unsecured debt totals ₹8.63 crore.
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Mawana Sugars Limited has announced a meeting of its Unsecured Creditors to be held on Saturday, February 21, 2026, at 12:00 Noon (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). This meeting is convened as per the order of the Hon'ble National Company Law Tribunal, New Delhi Bench (NCLT), dated December 18, 2025.
The primary purpose of the meeting is to consider and, if deemed fit, approve with or without modifications, the proposed Scheme of Amalgamation of Mawana Foods Private Limited (Transferor Company) with and into Mawana Sugars Limited (Transferee Company), along with their respective shareholders and creditors.
Voting on the resolution for the amalgamation scheme will be conducted through remote e-voting, which will commence on Wednesday, February 18, 2026, at 09:00 A.M. (IST) and conclude on Friday, February 20, 2026, at 05:00 P.M. (IST). Unsecured Creditors whose names are recorded as of the cut-off date, Monday, June 30, 2025, are eligible to vote. The total value of unsecured debt outstanding as of June 30, 2025, was ₹8,63,13,274/-. The meeting will be chaired by Adv. Aditya Dewan, and Adv. Sameer Ali will serve as the Scrutinizer. The results of the meeting will be submitted to the stock exchanges and the NCLT.
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