
Corporate Action20 Aug 2026, 02:31 pm
NCLT Sanctions Scheme of Arrangement for Demerger
AI Summary
K M Sugar Mills Ltd announced that the Hon'ble National Company Law Tribunal, Allahabad Bench, has sanctioned the Scheme of Arrangement for the demerger of its Distillery Division into KM Spirits and Allied Industries Limited. This order, pronounced on August 19, 2026, follows an earlier intimation dated July 07, 2026. The company is awaiting the official order copy and will submit it once available. This demerger is a significant corporate action impacting the structure of K M Sugar Mills Ltd.
Key Highlights
- NCLT sanctions Scheme of Arrangement for demerger.
- Distillery Division to be demerged into KM Spirits and Allied Industries.
- Order pronounced on August 19, 2026.
- Awaiting official order copy for submission.
Price Impact
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