Announced Sat, 19 Sept · 11:49 IST
Demerger of Distillery Division: NCLT order effective Oct 1, 2026; Record Date Oct 2
Demerger Ratio AnnouncedCore Business DivestedNclt Scheme FiledStrategic Transactions View source PDFExplain this filing
KMSUGAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹28.66
prior close
₹28.86
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-1.3-0.8-0.7——————————
Up moveDown movePending
AI summary
K.M. Sugar Mills has received NCLT approval for the demerger of its Distillery Division into KM Spirits and Allied Industries Limited. The effective date is October 1, 2026, and the record date is October 2, 2026. Shareholders holding 5 equity shares of face value Rs. 2 each of K.M. Sugar Mills will receive 1 equity share of face value Rs. 10 of KM Spirits. The new entity's shares will be listed on NSE and BSE subject to regulatory approvals.
Likely market impact
Existing shareholders of KMSUGAR will receive shares of KM Spirits (1 share for every 5 held). Watch for listing of the new entity on exchanges.