Proceeding for CCM of Unsecured Creditors dated 30.05.2026

Nclt Scheme FiledStrategic Transactions View source PDF

KMSUGAR · price

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▲ 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

-1.1%1-day move

₹27.10

prior close

₹27.04

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.1+0.9+1.1+0.6-1.1-1.5-1.5+0.0+0.0-1.3-0.4-4.0——

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AI summary

K M Sugar Mills Limited held an NCLT-convened meeting of Unsecured Creditors on May 30, 2026 via video conferencing to seek approval for a Scheme of Arrangement for Demerger. The scheme involves the demerger of K M Sugar Mills Limited (Demerged Company) into KM Spirits and Allied Industries Limited (Resulting Company). The meeting was chaired by Sri Harnam Singh Thakur, Former Judicial Member of NCLT Chandigarh. A total of 21 Unsecured Creditors attended the meeting. Remote e-voting was conducted from May 27-29, 2026, and the resolution was passed with the requisite majority. The combined voting results will be published on BSE, NSE, and the company's website.

Likely market impact

The approval from Unsecured Creditors is a key milestone in the demerger process. The scheme still requires approvals from other stakeholder classes and final NCLT sanction before implementation.