For Private Circulation to the Equity Shareholders of the Company only MAWANA SUGARS LIMITED (Incorporated on 26th December, 2002 under the Companies Act, 1956 as Siel Sugar Limited and then renamed as Mawana Sugars Limited w.e.f. 16th June, 2004. The Sugar business of Siel Limited vested with the Company retrospectively w.e.f. 1st October, 2002 pursuant to the Scheme of Arrangement approved by Hon’ble High Court of Delhi vide Order dated 26th August, 2003 under Sec. 391/394 of the Companies Act, 1956) Regd. Office: 6th Floor, Kirti Mahal, 19, Rajendra Place, New Delhi-110008 Tel. : (011) 25739103 Fax: (011) 25743659 Email:
[email protected] Website : sielsugar.com LETTER OF OFFER ISSUE OF 84,98,976 EQUITY SHARES OF RS. 10/- EACH FOR CASH AT PAR AGGREGATING TO RS. 8,49,89,760 ON RIGHTS BASIS TO THE EQUITY SHAREHOLDERS IN THE RATIO OF ONE EQUITY SHARE FOR EVERY FOUR EQUITY SHARES HELD (1:4) AS ON 13th AUGUST, 2004 (I.E. THE RECORD DATE) GENERAL RISKS Investments in equity and equity related securities involve a degree of risk and investors should not invest any funds in this Issue unless they can afford to take the risk of losing their investment. Investors are advised to read the Risk Factors carefully before taking an investment decision in this Issue. For taking an investment decision, investors must rely on their own examination of the Issuer and the Issue including the risks involved. The Securities have not been recommended or approved by Securities and Exchange Board of India (SEBI) nor does SEBI guarantee the accuracy or adequacy of this document.