KM Sugar Mills Ltd has closed its trading window for all designated persons starting October 1, 2026. The closure remains in effect until 48 hours after the company declares its financial results for the quarter and half year ended September 30, 2026.

This action is taken in compliance with clause 4 of Schedule B of the Code of Conduct under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The restriction prevents designated persons from dealing in the securities of the company during this period to prevent potential misuse of unpublished price-sensitive information.

The company stated that the specific date of the Board meeting for declaring the financial results will be intimated in due course. No further details regarding the timing of the board meeting were provided in the initial notification.

Compliance and regulatory context

The trading window closure is a standard regulatory requirement for listed entities prior to the announcement of financial results. It ensures that insiders do not trade while possessing material non-public information.

Designated persons include directors, key managerial personnel, and other employees who have access to price-sensitive information. The company’s compliance officer, Ritika Tandon, signed off on the intimation to both BSE Limited and National Stock Exchange of India Limited.

KM Sugar Mills has fixed October 1, 2026, as the effective date for the demerger of its distillery division. The company also set October 2, 2026, as the record date for determining eligible shareholders.

The Board of Directors approved these dates during its meeting on September 19, 2026. This follows the National Company Law Tribunal (NCLT), Allahabad Bench, sanctioning the Scheme of Arrangement. The demerger separates the Distillery Division into a resulting entity named KM Spirits and Allied Industries Limited.

Share Entitlement Details

Shareholders of the demerged company will receive shares in the resulting company based on a specific ratio. The allotment structure is detailed below:

The equity shares of KM Spirits and Allied Industries Limited are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited. This listing is subject to applicable regulations and necessary regulatory approvals.

Regulatory Compliance

The disclosure is made under Regulations 30 and 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The effective date marks when the certified true copy of the NCLT order will be filed with the Registrar of Companies.