NSEDisclosure under SEBI Takeover Regulations9 Sept 2026 · 9 Sept 2026, 11:20 am
Disclosure under SEBI Takeover Regulations
K.M.Sugar Mills Limited · KMSUGAR
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K.M.Sugar Mills Limited has submitted a disclosure under SEBI Takeover Regulations, stating that 19,20,000 equity shares held by Lakshmikant Dwarkadas HUF (Promoter) have been transmitted to Smt. Naina Devi Jhunjhunwala (Promoter Group) due to dissolution, resulting in a 2.09% increase in Smt. Naina Devi Jhunjhunwala's shareholding in the company.
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Full Announcement
K.M.Sugar Mills Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
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The Secretary, Date: 08.09.2026
National Stock Exchange of India Limited,
Exchange Plaza, C-1, Block G
Bandra Kurla Complex, Bandra (E)
Mumbai-400051
Phone no. 022-26598100
SYMBOL: KMSUGAR
The Secretary
BSE Limited,
25th Floor, Phiroz Jejeebhoy Towers,
Dalal Street, Fort,
Mumbai-400001
Phone no. 022-22728527
Scrip Code:532673
The Secretary,
M/s K M Sugar Mills Limited
76, Eldeco Greens,
Gomti Nagar
Lucknow-226010
Dear Sir/Madam,
Sub: Submission of Disclosures under Regulation 10(6) of SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011.
We hereby inform you that 19,20,000 equity shares, representing 2.09% of the total paid-up
equity share capital of the Company, held by Lakshmikant Dwarkadas HUF (Promoter),
have been transmitted to Smt. Naina Devi Jhunjhunwala (Promoter Group), the transmission
is pursuant to dissolution
It is further confirmed that there has been no change in the aggregate shareholding of the
promoters and promoter group pre- and post-transmission. The detailed shareholding pattern
post-transmission is enclosed herewith for your records. This transmission is accordingly being
disclosed under the applicable provisions of the SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011.
The detailed shareholding pattern post-transmission is enclosed herewith for your records.
Thanking you
Yours faithfully
Aditya Jhunjhunwala
(FOR AND ON BEHALF OF
NAINA DEVI JHUNJHUNWALA)
Encl:A/a
Disclosures under Regulation 10(6) –Report to Stock Exchanges in respect of any acquisition made in
reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
1. Name of the Target Company (TC) K M SUGAR MILLS LIMITED
2. Name of the acquirer(s) Mrs. Naina Devi Jhunjhunwala
3. Name of the stock exchange where shares of the TC BSE Ltd
are listed National Stock Exchange of India Ltd
4. Details of the transaction including rationale, if any, Lakshmi Kant Dwarkadas HUF (PAN
for the transfer/ acquisition of shares. AAAHL9403N), Promoter holding 19,20,000
equity shares amounting to 2.09% of total paid up
capital of K. M. Sugar Mills Limited.
That due to transmission pursuant to dissolution
the shares held in name of Lakshmikant
Dwarkadas HUF (Promoter) have been
transmitted to Mrs. Naina Devi Jhunjhunwala
(Promoter Group).
5. Relevant regulation under which the acquirer is Regulation 10(1)(g) of SEBI (Substantial
exempted from making open offer. Acquisition of Shares and Takeovers) Regulations,
2011.
6. Whether disclosure of proposed acquisition was Not applicable
required to be made under regulation 10(5) and if so,
- whether disclosure was made and whether it was
made within the timeline specified under the
regulations.
- date of filing with the stock exchange.
7. Details of acquisition Disclosures required to Whether the
be made under disclosures under
regulation 10(5) regulation 10(5) are
actually made
a. Name of the transferor / seller Not applicable Not applicable
b. Date of acquisition Not applicable Not applicable
c. Number of shares/ voting rights in respect of Not applicable Not applicable
the acquisitions from each person mentioned in
7(a) above
d. Total shares proposed to be acquired / actually Not applicable Not applicable
acquired as a % of diluted share capital of TC
e. Price at which shares are proposed to be acquired / Not applicable Not applicable
actually acquired
8. Shareholding details Pre-Transaction Post-Transaction
No. of % w.r.t total No. of % w.r.t
shares held share capital shares held total share
of TC capital of TC
a Each Acquirer / Transferee(*)
Naina Devi Jhunjhunwala 18483348 20.09 20403348# 22.18
Aditya Jhunjhunwala 5289242 5.75 5289242 5.75
Vatsal Jhunjhunwala 499721 0.54 499721 0.54
Marvel Business Private Limited 12065975 13.12 12065975 13.12
Francoise Commerce Private Limited 20 0.00 20 0.00
Jhunjhunwala Securities Private Limited 500000 0.54 500000 0.54
Vridhi Trust 188780 0.21 188780 0.21
Shivam Shorewala 120549 0.13 120549 0.13
Sanjay Jhunjhunwala 2494600 2.71 2494600 2.71
K M Vyapar Limited 2283364 2.48 2283364 2.48
Lakshmi Kant Dwarkadas* 10065900 10.94 8145900 8.85
TOTAL 51991499 56.51 51991499 56.51
b Each Seller / Transferor
Naina Devi Jhunjhunwala 18483348 20.09 20403348# 22.18
Aditya Jhunjhunwala 5289242 5.75 5289242 5.75
Vatsal Jhunjhunwala 499721 0.54 499721 0.54
Marvel Business Private Limited 12065975 13.12 12065975 13.12
Francoise Commerce Private Limited 20 0.00 20 0.00
Jhunjhunwala Securities Private Limited 500000 0.54 500000 0.54
Vridhi Trust 188780 0.21 188780 0.21
Shivam Shorewala 120549 0.13 120549 0.13
Sanjay Jhunjhunwala 2494600 2.71 2494600 2.71
K M Vyapar Limited 2283364 2.48 2283364 2.48
Lakshmi Kant Dwarka Das 10065900 10.94 8145900 8.85
TOTAL 51991499 56.51 51991499 56.51
(#) The Shares have been transmitted from Lakshmikant Dwarkadas HUF (Promoter) to Smt. Naina Devi
Jhunjhunwala (Promoter Group), the transmission was pursuant to dissolution, through off market.
ADITYA JHUNJHUNWALA
(FOR AND ON BEHALF OF
NAINA DEVI JHUNJHUNWALA)
Date: 08.09.2026
Place: Lucknow
Note:
(*) Shareholding of each entity shall be shown separately and then collectively in a group.
The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the
report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.