KM Sugar Mills Ltd (KMSUGAR) — Corporate Action | 19 September 2026 (2 announcements)

KMSUGAR announced that its Scheme of Arrangement, sanctioned by the National Company Law Tribunal, will become effective on October 1, 2026, with October 2, 2026 set as the record date for share allotment of the resulting company. Shareholders of the demerged division will receive one new share of Rs. 10 face value for every five existing shares of Rs. 2 face value, and the new shares will be listed on NSE and BSE after regulatory approvals.

K.M. Sugar Mills announced on September 19, 2026 that the Board fixed October 1, 2026 as the Effective Date and October 2, 2026 as the Record Date for the Scheme of Arrangement demerging its distillery business. The demerger will see the Resulting Company issue one new share of Rs 10 for every five existing shares of Rs 2 held in the Demerged Company. The Record Date determines which shareholders receive the new shares.