Scrutnizer Report for CCM Equity30.05.2026
KMSUGAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
K M Sugar Mills Limited shareholders have approved a Scheme of Arrangement for Demerger between the company (Demerged Company) and KM Spirits and Allied Industries Limited (Resulting Company). The NCLT-convened meeting held on May 30, 2026 approved the resolution with 99.99% votes in favour (5,80,99,694 votes) against only 5 votes against. Total valid votes cast were 5,80,99,699 representing participation from 53,100 eligible shareholders. The meeting was chaired by Harnam Singh Thakur and conducted via video conferencing. The scheme now awaits NCLT sanction to become effective.
Shareholders of K M Sugar Mills will receive shares in KM Spirits and Allied Industries Limited upon completion of the demerger. The stock may see increased volatility as investors await the final demerger ratio and NCLT approval.