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K.M. Sugar Mills schedules shareholder meetings on May 30 to vote on distillery demerger
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K.M. Sugar Mills schedules shareholder meetings on May 30 to vote on distillery demerger
K.M. Sugar Mills Limited has scheduled shareholder and creditor meetings for May 30, 2026, to seek approval for the proposed demerger of its Distillery Division into a separate entity, KM Spirits and Allied Industries Limited, following directions from the National Company Law Tribunal (NCLT), Allahabad Bench, ScanX reported. The equity shareholders’ meeting is set for 11:00 AM (IST) and the unsecured creditors’ meeting for 12:30 PM (IST), both …
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