K.M. Sugar Mills Ltd. has announced that its board of directors will convene on February 10, 2026 to review and approve the company's quarterly financial performance. The meeting represents a key milestone in the company's regulatory compliance and investor communication process.

Board Meeting Details

The board meeting has been scheduled with specific parameters to ensure proper governance and regulatory adherence:

Financial Results Coverage

The board will consider and approve both standalone and consolidated financial results for the quarter ended December 31, 2025. This comprehensive review will provide stakeholders with a complete picture of the company's financial performance across all business segments and subsidiaries.

Trading Window Restrictions

In accordance with SEBI (Prohibition of Insider Trading) Regulations 2015, the company has implemented mandatory trading restrictions:

Information Accessibility

The company has ensured multiple channels for stakeholder access to relevant information. The board meeting notice is available on the company's official website at www.kmsugar.com , as well as on stock exchange platforms including www.bseindia.com and www.nseindia.com . Following board approval, the unaudited financial results for the quarter ended December 31, 2025 will also be published on these platforms.

The announcement was signed by Ritika Tandon, Company Secretary-cum-Compliance Officer, demonstrating the company's commitment to proper corporate governance and regulatory compliance in its communication with stakeholders.

K.M. Sugar Mills Ltd. has informed stock exchanges about an erroneous transfer of equity shares by Stockholding Corporation of India Limited (SCI) that occurred without proper authorization. The company disclosed this incident under Regulation 30 of SEBI (LODR) Regulations, 2015, emphasizing transparency to prevent any misinterpretation.

Details of the Erroneous Transfer

On December 11, 2025, SCI erroneously transferred 5,00,000 equity shares representing 0.54% of K.M. Sugar Mills' equity to an incorrect demat account. The transfer occurred during the closure of demat account number IN30112715560862 held by Jhunjhunwala Securities Private Limited, a promoter group entity, with SCI.

Account Details and Misallocation

The shares were incorrectly credited to Vatsal Jhunjhunwala's demat account instead of the intended recipient account. Both accounts are maintained with Anand Rathi Share and Stock Brokers Limited as the depository participant.

Incorrect Recipient Account

Intended Recipient Account

Company's Position and Clarifications

K.M. Sugar Mills emphasized that the transfer was executed by SCI suo motu, meaning on its own initiative, without any oral or written instructions from the promoters or promoter group. The company stated that SCI has confirmed its sole responsibility for this error and that the promoters reserve the right to hold SCI accountable.

The company clarified several important points regarding the incident:

• No trading or acquisition of the equity shares has taken place
• No disclosure is required under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• No disclosure is required under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015
• The error arose solely due to SCI's inadvertent mistake

Next Steps and Updates

The company has committed to providing further updates as and when SCI rectifies the error. This disclosure was made in the interest of full transparency to prevent any misinterpretation of the share transfer. K.M. Sugar Mills has requested the stock exchanges to take this information on record and advise if any further action is required from the company's end.

The disclosure was signed by Ritika Tandon, Company Secretary and Compliance Officer, on behalf of K.M. Sugar Mills Limited, dated January 7, 2026.