Quarterly Result18 May 2026, 07:41 pm
K M Sugar Mills: Audited Financial Results for FY26 Approved
AI Summary
K M Sugar Mills Ltd. announced the approval of audited standalone and consolidated financial results for the year ended March 31, 2026, following a Board of Directors meeting on May 18, 2026. The board also approved the appointment of M/s Aman Malviya & Associates as Cost Auditors for FY 2026-27 and recommended the appointment of Smt. Naina Jhunjhunwala as an Additional Director, subject to shareholder approval. Additionally, the board approved an increase in salary for Mr. Vatsal Jhunjhunwala, Vice President, up to ₹10 Lakhs per month, pending shareholder approval. The meeting commenced at 03:30 P.M. (IST) and concluded at 07:00 P.M. (IST).
Key Highlights
- Audited standalone and consolidated financial results for FY26 approved.
- M/s Aman Malviya & Associates appointed as Cost Auditors for FY 2026-27.
- Smt. Naina Jhunjhunwala recommended as Additional Director.
- Salary increase for Mr. Vatsal Jhunjhunwala approved, subject to shareholder approval.
- Auditor's report confirms a true and fair view of financial results in accordance with regulations.
Price Impact
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