K M Sugar Mills Ltd
K M Sugar Mills Demerges Distillery Division 🏭 | Key Details Inside
- K M Sugar Mills demerges Distillery Division into K M Spirits and Allied Industries Limited.
- Distillery Division FY 2024-25 turnover: ₹91.21 Cr (13.29% of total standalone turnover).
- Shareholders to receive 1 KM Spirits share for every 5 KM Sugar Mills shares held.
- Demerger aims to unlock shareholder value and enhance operational efficiency.
- Rationale includes distinct business dynamics and growth prospects for both divisions.
- Fairness opinion on share ratio provided by Corporate Professionals Capital Private Limited.
- Board meeting held on August 07, 2025.