Mawana sugars Limited has received a credit rating reaffirmation from ICRA Limited, maintaining its financial credibility in the market. The rating agency has reaffirmed the company's credit rating at [ICRA]BBB+ (stable)/[ICRA]A2 for long term and short term fund-based working capital facilities worth Rs.500 crore. This development was communicated to the stock exchanges on April 07, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating Details

ICRA Limited's rating committee took the rating action through a letter dated April 06, 2026, addressed to the company's Chief Financial Officer. The rating represents both a reaffirmation and assignment for enhanced amount, indicating the rating agency's continued confidence in the company's creditworthiness.

Facility Structure and Lender

The rated facilities are provided by The Uttar Pradesh Cooperative Bank Limited, with the total exposure amounting to Rs.500.00 crore. The rating covers fund-based term loans under the long term and short term scale, providing the company with necessary working capital support for its operations.

Rating Surveillance and Conditions

ICRA Limited has specified that the rating will become due for surveillance within one year from the date of the rating communication letter. The rating agency reserves the right to review and revise the rating at any time based on new information, unavailability of required information, or other circumstances that could impact the rating. The company is required to inform ICRA immediately about any defaults, delays in repayment, or significant developments that could impact its debt servicing capability.

Regulatory Compliance

The rating reaffirmation was disclosed to both BSE Limited and National Stock Exchange of India Limited as part of the company's regulatory obligations. Mawana Sugars Limited, incorporated in 1961 with CIN L74100DL1961PLC003413, maintains its registered office in New Delhi and corporate office in Gurugram. The disclosure was signed by Company Secretary Ashok Kumar Shukla, ensuring proper compliance with listing regulations and transparency requirements for stakeholders.

Mawana Sugars Limited has announced the opening of a special window for transfer and dematerialisation of physical securities, in compliance with recent SEBI regulations. The initiative aims to facilitate shareholders who faced difficulties with share transfers in the past due to various deficiencies.

Regulatory Compliance and Timeline

The special window has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026. The facility will remain operational for a full year, from February 05, 2026 to February 04, 2027.

Scope of Coverage

The special window covers physical securities that were sold or purchased prior to April 01, 2019 and were previously rejected, returned, or not attended due to deficiencies. This includes transfer requests that were submitted earlier but could not be processed successfully due to various issues.

Public Notice and Communication

Mawana Sugars Limited has fulfilled its disclosure obligations by publishing newspaper notices on March 27, 2026. The company communicated this development to both major stock exchanges where its shares are listed.

Processing Requirements

All transfers processed under this special window will be executed exclusively in dematerialised form. Additionally, these transfers will be subject to a lock-in period of one year from the date of registration of transfer, as mandated by SEBI guidelines.

Contact Information

Shareholders seeking assistance or additional information can contact the company directly at corporate@mawanasugars.com or reach out to the Registrar and Transfer Agent, MAS Services Limited, located at T-34, Okhla Industrial Area, Phase-II, New Delhi - 110020. The RTA can be contacted at Phone No.: 011-26387281-83 or via email at investor@masserv.com .

The announcement was signed by Ashok Kumar Shukla, Company Secretary (ACS-29673), and represents the company's commitment to facilitating smooth share transfer processes for its shareholders while ensuring compliance with regulatory requirements.