KM Sugar Mills has scheduled its 53rd Annual General Meeting (AGM) for Tuesday, July 28, 2026, at 11:30 AM IST via video conferencing. The meeting will transact ordinary business, including the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026, and the re-appointment of directors retiring by rotation. Shareholders will also vote on special resolutions regarding the appointment and re-appointment of key managerial personnel, including Mrs. Naina Devi Jhunjunwala as Whole-Time Director and Shri Aditya Jhunjunwala as Managing Director.

The company has fixed Tuesday, July 21, 2026, as the cut-off date for reckoning the voting rights of members. Remote e-voting will commence at 9:00 AM on Saturday, July 25, 2026, and conclude at 5:00 PM on Monday, July 27, 2026. Shareholders whose names appear in the register of members as of the cut-off date are entitled to vote. The facility for remote e-voting is being provided by MUFG Intime India Private Limited.

Key Meeting Details

The notice and annual report for the financial year 2025-26 are being sent electronically to members whose email addresses are registered with the company or its Registrar and Share Transfer Agent. Physical copies of the notice are being dispatched to members without registered email addresses. The AGM is being held in compliance with the Ministry of Corporate Affairs and SEBI circulars permitting meetings through video conferencing.

K M Sugar Mills disclosed the transmission of 14,302,600 equity shares, representing 15.55% of the total paid-up equity share capital, from Late Shri L.K. Jhunjhunwala to Smt. Naina Devi Jhunjhunwala. The transmission was executed through an off-market mechanism following the death of the promoter. Smt. Naina Devi Jhunjhunwala is the nominee and legal heir of the deceased promoter. This disclosure was submitted to the stock exchanges on June 09, 2026, in compliance with Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Aditya Jhunjhunwala, Promoter and Person Acting in Concert, confirmed in the filing that there has been no change in the aggregate shareholding of the promoters and promoter group pre- and post-transmission. The total promoter group holding remains at 56.51% of the total paid-up equity share capital. The transmission is exempt from making an open offer under Regulation 10(1)(g) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Details

The transfer of shares resulted in specific changes to the holdings of individual promoter group members. Late Shri L.K. Jhunjhunwala's holding of 14,302,600 shares was extinguished, while Smt. Naina Devi Jhunjhunwala’s holding increased by the same quantum. The total equity share capital of the company remains unchanged at 9,20,00,170 equity shares.

Regulatory Compliance

The disclosure was submitted by Shri Aditya Jhunjhunwala on behalf of the Persons Acting in Concert. The filing detailed that the mode of acquisition was transmission via off-market transaction. The company’s total diluted share capital also remains unchanged at 9,20,00,170 equity shares. The shares are listed on BSE Limited and the National Stock Exchange of India Limited.