K.M.Sugar Mills Limited has informed the Exchange regarding Appointment of Aman Malviya Cost Auditor as Other of the company w.e.f. May 18, 2026.
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K.M. Sugar Mills Limited's Board of Directors met on May 18, 2026 and made two key appointments. First, M/s Aman Malviya & Associates, Cost Accountants from Lucknow were appointed as Cost Auditors for FY 2026-27 for a one-year term. Second, Smt. Naina Jhunjhunwala was appointed as Additional Director, pending shareholder approval at the AGM. Naina Jhunjhunwala is the wife of Late Shri L.K. Jhunjhunwala and brings over 35 years of business experience. She is also the mother of the current Managing Director Mr. Aditya Jhunjhunwala and Whole-time Director Mr. Sanjay Jhunjhunwala, indicating a promoter family succession on the board.
The appointment of a family member of existing KMPs to the board suggests potential board continuity planning. Shareholders should note this as a governance-related change ahead of the AGM vote.