Demerger

K.M.

Sugar Mills is demerging its Spirits and Allied Industries business, spinning it off into a new separate entity, KM Spirits and Allied Industries Limited.

This strategic move aims to create focused operations and potentially unlock better value for each distinct business segment.

Shareholders of K.M.

Sugar Mills will play a crucial role, as they are scheduled to meet on Saturday, May 30, to approve the proposed demerger plan.

This structural change could offer clearer investment opportunities in the separate sugar and spirits businesses.