K M Sugar Mills: Record Date Set for Demerger Scheme

K M Sugar Mills Ltd has fixed October 2, 2026, as the record date for its scheme of arrangement involving the demerger of its Distillery Division. This follows the National Company Law Tribunal's (NCLT) sanction of the scheme. The effective date for the demerger is October 1, 2026. Shareholders holding five equity shares of Rs. 2 each in K M Sugar Mills will receive one equity share of Rs. 10 each in the resulting company, KM Spirits and Allied Industries Limited. The shares of the resulting company are expected to be listed on NSE and BSE.