K M Sugar Mills Ltd
⚠️ Stock Transfer Error: SCI Mistakenly Moves 5L Shares of K M Sugar Mills
- Stockholding Corporation of India (SCI) erroneously transferred 5,00,000 shares (0.54%) of K M Sugar Mills on 11.12.2025.
- Shares were meant for Jhunjhunwala Securities (promoter group) but went to Vatsal Jhunjhunwala’s demat account instead.
- SCI admitted the error, confirming no prior authorization from promoters.
- No trading or acquisition of the misallocated shares has taken place.
- Promoters reserve the right to hold SCI accountable for the mistake.
- Update disclosed to ensure transparency and avoid misinterpretation.
- Further updates expected once SCI rectifies the error.