K.M.Sugar Mills Limited has informed the Exchange about Copy of Newspaper Publication
KMSUGAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
K.M. Sugar Mills Limited has published newspaper advertisements regarding meetings of Equity Shareholders and Unsecured Creditors scheduled for May 30, 2026. These meetings are pursuant to an NCLT Allahabad Bench order dated March 24, 2026, for considering the Scheme of Arrangement for Demerger between K.M. Sugar Mills Limited (Demerged Company) and KM Spirits and Allied Industries Limited (Resulting Company). The Equity Shareholders meeting is at 11:00 AM and Unsecured Creditors meeting at 12:30 PM, both through video conferencing. Remote e-voting will be available from May 27 to May 29, 2026. The scheme requires approval from both classes of stakeholders before it can proceed for final NCLT approval.
Shareholders and unsecured creditors should review the scheme documents and participate in the voting process. If approved, this demerger will create a separate entity (KM Spirits and Allied Industries Limited) from the sugar mills business, restructuring the company's operations.