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The latest announcement is out from K.M. Sugar Mills Ltd. ( (IN:KMSUGAR) ).
K.M. Sugar Mills Ltd. has announced the death of its chairman, promoter and whole-time director, Shri Laxmikant Dwarkadas Jhunjhunwala, who passed away on March 14, 2026, in news the board described as an irreparable loss. The company has notified the exchanges that, pursuant to SEBI listing regulations, Jhunjhunwala will cease to be part of the promoter and promoter group, a change that formally alters the firm’s shareholding and governance structure and may prompt a leadership transition for stakeholders to monitor.
More about K.M. Sugar Mills Ltd.
K.M. Sugar Mills Ltd. is an Indian sugar manufacturer based in Uttar Pradesh, operating factory and works in Motinagar, Ayodhya district, with a registered office in Lucknow. The company is engaged in the sugar industry and its equity shares are listed on BSE and the National Stock Exchange under the symbol KMSUGAR, indicating access to public capital markets and broad-based investor participation.
Average Trading Volume: 7,365
Technical Sentiment Signal: Hold
Current Market Cap: 2.35B INR
Learn more about KMSUGAR stock on TipRanks’ Stock Analysis page.