Shareholding1 Oct 2026, 08:52 am
K M Sugar Mills: Promoter Group Sells 8.85% Stake
AI Summary
K M Sugar Mills Ltd has disclosed a significant transaction where the Promoter Group, specifically Naina Devi Jhunjhunwala, has sold 8,145,900 shares, representing 8.85% of the total share capital. This sale occurred following the transmission of shares from L.K. Jhunjhunwala HUF to Smt. Naina Devi Jhunjhunwala. The total holding of the Promoter Group before this transaction was 56.51%, and after the sale, it has reduced to 47.66%. The transaction involved shares carrying voting rights.
Key Highlights
- Promoter Group sold 8,145,900 shares of K M Sugar Mills Ltd.
- The sale represents 8.85% of the company's total share capital.
- The transaction was a 'Sale' of shares carrying voting rights.
- Post-transaction, the Promoter Group's holding is 47.66%.
- Shares were transmitted from L.K. Jhunjhunwala HUF to Naina Devi Jhunjhunwala prior to sale.
Price Impact
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