K.M. Sugar Mills has announced the demise of its Chairman and Promoter Shri Laxmikant Dwarkadas Jhunjhunwala, who passed away on March 14, 2026. The company informed both BSE and NSE about this significant development through a regulatory filing dated March 15, 2026.

Leadership Loss and Company Impact

Shri Laxmikant Dwarkadas Jhunjhunwala served as Chairman, Promoter and Director of K.M. Sugar Mills Ltd. The company described him as a great leader and visionary whose guidance and foresight immensely benefitted the organization. His sudden and unexpected passing has been termed an irreparable loss to the company.

The company and all its employees have conveyed their deepest sympathy, sorrow, and heartfelt condolences to his family during this difficult time.

Regulatory Compliance and Shareholding Details

The announcement was made pursuant to Regulation 30 and Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Following his demise, Shri Jhunjhunwala shall cease to be part of the Promoter/Promoter Group of the company in accordance with Regulation 31A(6)(c) of the SEBI LODR Regulations, 2015.

Corporate Governance Transition

The regulatory filing was signed by Ritika Tandon, Company Secretary & Compliance Officer, who ensured timely disclosure to both stock exchanges. The company has requested the exchanges to take this information on their records as required under the listing regulations.

K.M. Sugar Mills Ltd., with its factory and works located at PO Motinagar-224201, Dist. Ayodhya, Uttar Pradesh, will need to navigate this leadership transition while maintaining its operational continuity and corporate governance standards.

K.M. Sugar Mills Ltd. has successfully published its Q3FY26 unaudited standalone and consolidated financial results following the board meeting held on February 10, 2026. The company demonstrated robust financial performance with significant revenue growth and improved profitability metrics.

Financial Performance Highlights

The company's financial results for the quarter ended December 31, 2025 show strong operational performance across key metrics:

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025 reflects sustained growth momentum with total income from operations reaching ₹56,973 lakhs. Net profit after tax for the nine-month period stood at ₹4,418 lakhs, demonstrating consistent profitability throughout the financial year.

Earnings Per Share and Capital Structure

The company maintained its equity share capital at ₹1,840 lakhs with face value of ₹2 per share. Earnings per share for Q3FY26 reached ₹2.24 on both basic and diluted basis, compared to ₹1.37 in the corresponding quarter of the previous year. For the nine-month period, EPS stood at ₹4.80.

Regulatory Compliance and Publication

The financial results were published in newspapers Financial Express and Jansatta on February 11, 2026, in compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results are also available on stock exchange websites www.bseindia.com and www.nseindia.com , as well as the company's website www.kmsugar.com .

Industry Context and Seasonal Considerations

As noted in the company's disclosures, sugar being a seasonal industry, performance varies from quarter to quarter, and quarterly results may not be representative of annual performance. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and other accounting principles generally accepted in India.

The announcement was signed by Aditya Jhunjhunwala, Managing Director (DIN: 01686189), and Ritika Tandon, Company Secretary-cum-Compliance Officer, reflecting the company's commitment to corporate governance and regulatory compliance.