Mawana Sugars fined ₹90,000 for low alcohol recovery at distillery
Mawana Sugars Limited received a communication from the Additional Excise Commissioner, U.P., imposing a penalty of ₹45,000 and recovering ₹45,000 from performance security, totaling ₹90,000. This is due to alleged low alcohol recovery percentage at its Nanglamal Sugar Complex distillery for the period 2019-22.
The total financial impact of ₹90,000 is considered low relative to the company's overall operations.
The company has been fined and had a portion of its performance security recovered due to non-compliance with alcohol recovery norms.
Mawana Sugars Limited has disclosed receipt of a communication from the Office of Additional Excise Commissioner (Administration), U.P., dated February 23, 2026. The communication pertains to a penalty imposed on the company's Nanglamal Sugar Complex (NSC) unit, specifically its Distillery Division.
The penalty, amounting to ₹45,000, was imposed due to an alleged low recovery percentage of alcohol from molasses based on fermentable sugar, which is stated to be lower than the prescribed limit. Additionally, another ₹45,000 has been recovered from the performance security amount, bringing the total financial implication to ₹90,000.
The period for which this communication is applicable is from 2019-22. The company has not taken any specific actions yet with respect to this communication.
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Mawana Sugars Limited filed this with the NSE as a statutory disclosure, categorised under regulatory impact. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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