StockWatch
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Sugar
AGM/EGM28 Jul 2026, 09:40 pm

K M Sugar Mills Ltd: AGM Approves Director Appointments and Reappointments

AI Summary

K M Sugar Mills Ltd announced key management changes following its 53rd Annual General Meeting held on July 28, 2026. The shareholders approved the regularization and appointment of Smt. Naina Devi Jhunjhunwala as a Whole-Time Director for three years from August 1, 2026. Additionally, Mr. Aditya Jhunjhunwala, Mr. Sanjay Jhunjhunwala, and Mr. S. C. Agarwal were re-appointed as Managing Director, Joint Managing Director, and Executive Director cum CEO, respectively, for three-year terms commencing April 1, 2027. Changes in terms and remuneration for Shri Vatsal Jhunjhunwala were also approved. Mr. Sushil Solomon will continue as a Non-Executive Independent Director.

Key Highlights

  • Smt. Naina Devi Jhunjhunwala appointed Whole-Time Director for 3 years.
  • Key MDs and EDs re-appointed for three-year terms starting April 2027.
  • Remuneration and terms adjusted for Shri Vatsal Jhunjhunwala.
  • Mr. Sushil Solomon continues as Non-Executive Independent Director.
  • Shareholders approved all proposed director appointments and re-appointments.