Mawana Sugars Ltd. has announced that the Board of Directors of the company at its meeting held on November 05, 2015, appointed Dr. Anil Arora, as a Chief Financial Officer (CFO) of the company with effect from November 05, 2015 and also appointed Dr. Anil Arora, as Key Managerial Personnel (KMP) of the company in terms of Section 203 of the Companies Act, 2013 and Companies (Appointment and Remuneration of Managerial Personnel), Rules, 2014 with effect from November 05, 2015.