K.M.Sugar Mills Limited
Promoter Late L.K. Jhunjhunwala and Mrs. Naina Devi Jhunjhunwala increased their stake in K.M.Sugar Mills Limited from 40.96% to 56.51% by acquiring 1,43,02,600 shares worth ₹38.10 Cr at ₹26.64 apiece. This was an inter-se promoter transfer due to the demise of Late L.K. Jhunjhunwala.
A sugar manufacturing company incorporated in 1971, KM Sugar Mills produces sugar, ethanol, and ethyl alcohol while generating power from bagasse as a byproduct of sugarcane processing. The company operates integrated production facilities that utilize sugarcane processing waste for energy generation, creating operational efficiency across its manufacturing operations. It serves both domestic and export markets through its diverse product portfolio in the sugar and alcohol sectors.