Mawana Sugars Limited , a prominent player in the sugar industry, has officially commenced its cane crushing operations for the 2025-26 season at two of its key units in Meerut, Uttar Pradesh. The company made this announcement through a regulatory filing on October 31, 2025, marking the start of a new production cycle.

Operational Details

The crushing operations have begun at the following units:

Both facilities initiated their crushing activities on Friday, October 31, 2025, signaling the company's readiness for the new sugar production season.

Regulatory Compliance

In adherence to the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 30 of the Listing Obligations and Disclosure Requirements, Mawana Sugars Limited promptly informed the stock exchanges about this development. The disclosure was made to both the BSE Limited and the National Stock Exchange of India Ltd.

Industry Implications

The commencement of crushing operations is a significant event in the sugar industry calendar. It marks the beginning of the sugar production cycle and may have implications for sugar supply, pricing, and related agricultural activities in the region. For Mawana Sugars, this timely start to the crushing season could position the company to meet market demand and potentially capitalize on favorable sugar market conditions.

As the 2025-26 crushing season unfolds, stakeholders may be keen to monitor the progress and output from these units, which could influence the company's performance in the coming quarters.

Mawana Sugars , a prominent player in the sugar industry, has received a tax notice from the Office-Joint Commissioner S.G.S.T. Office in Meerut, Uttar Pradesh, alleging double e-way bill generation on invoices at its Nanglamal Sugar Complex unit. The company disclosed this information in a regulatory filing to comply with SEBI regulations.

Details of the Tax Notice

The tax authority has imposed a liability of ₹1.22 lakh under Section 74(5) of the CGST Act, 2017. The breakdown of the liability is as follows:

The notice alleges that Mawana Sugars generated double e-way bills on invoices in three instances at its Nanglamal Sugar Complex unit. The company has been given until September 26, 2025, to respond to the notice.

Company's Response

Mawana Sugars has stated that the notice is factually incorrect. The company plans to file a reply within the stipulated timeframe to address the allegations. According to the regulatory filing, Mawana Sugars expects no financial impact beyond the imposed amount of ₹1.22 lakh.

Potential Consequences

The tax authority has warned that failure to discharge the said liability could result in a Show Cause Notice being issued under Section 74(1) of the CGST Act, 2017. This underscores the importance of the company's timely response to the allegations.

Investor Impact

While the amount involved is relatively small for a company of Mawana Sugars' size, the incident highlights the ongoing regulatory scrutiny in the sugar industry. Investors and stakeholders will likely be watching closely to see how the company resolves this issue with the tax authorities.

Mawana Sugars Limited continues to operate its business as usual while addressing this regulatory matter. The company's proactive disclosure of the notice demonstrates its commitment to transparency in its dealings with regulatory authorities and shareholders alike.