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Incorporated in 1971, KM Sugar Mills Ltd manufactures and trades sugar, ethanol, ethyl alcohol, and generation of power using bagasse
K.M.Sugar Mills Limited has informed the Exchange regarding 'Update'.
K.M.Sugar Mills Limited has informed the Exchange regarding 'Update'.
Demerger of K.M. Sugar Mills' Distillery Division into KM Spirits & Allied Industries is approved. Shareholders get 1 KM Spirits share (₹10 FV) for every 5 K.M. Sugar Mills shares (₹2 FV), creating a focused spirits business.
K.M. Sugar Mills' scheme to demerge its Distillery Division with KM Spirits and Allied Industries has been sanctioned by the NCLT. This key approval advances the company's strategic restructuring. An official order copy is awaited.