K M Sugar Mills: Scheme of Arrangement Effective Oct 1, Record Date Oct 2

K M Sugar Mills Ltd has announced key dates for its Scheme of Arrangement involving the demerger of its Distillery Division. The Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench, has sanctioned the scheme. The Effective Date for the Scheme of Arrangement is fixed as Thursday, October 01, 2026, when the order will be filed with the Registrar of Companies. Friday, October 02, 2026, has been set as the Record Date to determine shareholders eligible for allotment of shares in the Resulting Company, KM Spirits and Allied Industries Limited. Shareholders holding 5 equity shares of ₹2 each in K M Sugar Mills will receive 1 equity share of ₹10 each in KM Spirits and Allied Industries. The shares of the Resulting Company are proposed to be listed on NSE and BSE.