IMPORTANT ANNOUNCEMENT

With effect from 4.01.2008 the name of Siel Limited has been changed to Mawana Sugars Limited.

• The fresh certificate of incorporation issued by the Registrar of Companies can be viewed here : Certificate of Incorporation

Mawana Sugars Limited was merged with Siel Limited in terms of the Scheme of Arrangement (‘Scheme’) approved by the Hon’ble High Court of Delhi vide its order dated September 11,2007.

By order of even date the Hon’ble High of Delhi has also sanctioned the reduction of the paid up capital of the merged company of Rs.7395,08,081(including the entitlement pursuant to the Scheme) consisting of 7,39,50,808 equity shares of the face value of Rs.10/- each fully paid up (including the entitlement pursuant to the Scheme) to an amount of Rs.24,63,86,251 consisting of 2,46,38,625 equity shares of the face value of Rs.10/- each fully paid up by canceling equity share (including entitlement) capital of Rs.49,31,21,830 which amount shall be credited to the “General Reserve” account of the Company.

The orders sanctioning the Scheme and Reduction of Capital may be viewed by clicking on this link

The Scheme has become effective from 15.10.07.