Announced Sat, 19 Sept · 11:59 IST
Record date fixed for distillery demerger - Oct 2, 2026
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 set Oct 2, 2026 as record date for the demerger of its distillery unit into KM Spirits and Allied Industries. Shareholders get 1 equity share of Rs 10 in KM Spirits for every 5 shares of Rs 2 held in KM Sugar. NCLT approved the scheme; effective date is Oct 1, 2026 when the order is filed with RoC. New entity will list on NSE/BSE.
Likely market impact
Shareholders get 1 new KM Spirits share for every 5 KM Sugar shares held on record date Oct 2. Demerger may unlock value once KM Spirits lists.