StockWatch
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Sugar
Corporate Action25 Apr 2026, 02:00 pm

K M Sugar Mills: Unsecured Creditors' Meeting on Demerger Scheme

AI Summary

K M Sugar Mills Ltd has announced a Court Convened Meeting of Unsecured Creditors scheduled for May 30, 2026, at 12:30 PM (IST) via video conferencing. The meeting aims to seek approval for the Scheme of Arrangement for Demerger. The notice, explanatory statement, and related documents are available on the company's website. Remote e-voting will be available from May 27 to May 29, 2026, with a cut-off date of October 31, 2025.

Key Highlights

  • K M Sugar Mills to hold meeting for unsecured creditors on May 30, 2026.
  • Meeting is to approve the Scheme of Arrangement for Demerger.
  • Remote e-voting will be available prior to the meeting.
  • Notice and related documents are available on the company website.
  • Meeting will be held via video conferencing.