StockWatch
·
Sugar
Management Change5 Nov 2026, 04:29 pm

K M Sugar Mills: Whole-Time Director Resigns

AI Summary

K M Sugar Mills Ltd announced the resignation of Mr. Sanjay Jhunjhunwala from his positions as Whole-Time Director (designated as Joint Managing Director) and Director, effective November 05, 2026. The resignation was accepted by the Board of Directors during their meeting on the same day, citing personal reasons and other professional commitments. The Board expressed appreciation for his contributions. Mr. Jhunjhunwala will also cease to be a member of the CSR Committee and Stakeholders Relationship Committee.

Key Highlights

  • Whole-Time Director Sanjay Jhunjhunwala has resigned.
  • Resignation is effective November 05, 2026.
  • Reasons cited are personal and professional commitments.
  • Board accepted resignation and thanked director.