StockWatch
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Sugar
Shareholding9 Sept 2026, 11:55 am

Naina Devi Jhunjhunwala Acquires 2.09% Stake in K M Sugar Mills

AI Summary

K M Sugar Mills Ltd has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding a transmission of shares. 19,20,000 equity shares, representing 2.09% of the company's paid-up equity share capital, were transmitted from Lakshmikant Dwarkadas HUF (Promoter) to Smt. Naina Devi Jhunjhunwala (Promoter Group) due to dissolution. This transmission occurred off-market. The company confirms no change in the aggregate shareholding of the promoters and promoter group pre- and post-transmission. The acquisition is made in reliance upon exemption provided under Regulation 10(1)(g) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Naina Devi Jhunjhunwala acquired 2.09% stake in K M Sugar Mills.
  • Shares were transmitted from Lakshmikant Dwarkadas HUF to Naina Devi Jhunjhunwala.
  • No change in aggregate promoter/promoter group shareholding.
  • Transaction falls under SEBI Takeover Regulations exemption.
  • Disclosure filed under Regulation 10(6) of SEBI Takeover Regulations.