Scheme of Arrangement

K.M. Sugar Mills Ltd. Factory & Works : P.O. 3 Motinagar-224201, , DDiisst . Ayodhya (U. P. Phone : 7571000692, Email : director@kmsxgar.z{ora ) CIN No.:L15421UP1971PLC003492 GSTIN No.:09AAACK5545P12Z October 12,2026 The Listing Department The Listing Department National Stock Exchange of India Limited BSE Limited Department of Corporate Services Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Mumbai — 400051 Dalal Street Mumbai — 400001 Trading Symbol: KMSUGAR Scrip Code: 532673 Sub.: Material Update in Connection with KM Spirits and Allied Industries Limited with reference to Observation letter no. NSE/LIST/ 50518 dated January 12, 2026 and DCS/AMAL/BW/R37/4004/2025-26 dated January 13, 2026 (“Observation Letters”), issued by the National Stock Exchange of India Limited and BSE Limited (collectively the “Stock Exchanges”), respectively, received in relation to the Scheme of Arrangement. This is in furtherance to our previous letter dated October 01, 2026, regarding effectiveness of the Scheme of Arrangement for Demerger of Distillery Division ofK M Sugar Mills Limited (“Demerged Company”/ “the Company”) into K M Spirits and Allied Industries Limited (“Resulting Company”) and their respective shareholders and creditors (“Scheme”), The Resulting Company vide letter date 12.1 0.2026 (annexed herewith as Annexure A) informed that the Board of Directors of the Resulting Company, in its meeting held today, i.e., October 12, 2026, have approved the allotment of 1,84,00,034 (One Crore Eighty Four Lacs Thirty Four) fully-paid up equity shares of INR 10/~ each to the eligible equity shareholders of the Company whose names appeared in the Register of Members/ records of depositories as on the Record Date, i.e., October 02, 2026, in accordance with the terms of the Scheme. Further, simultaneously with the above allotment, pursuant to Clause 3.1.4 of the Scheme, the existing equity shares of the Resulting Company as held by the Company stand cancelled and accordingly the Resulting Company ceases to be a subsidiary of the Company. You are requested to kindly take the same on record. Thanking you, Yours faithfully, For K M Sugar Mills Limited b 22ndo Ritika Tandon Encl:A/a Reggd . Officei ce :: 7! 76, Eldeco Greens, h Gomti ti NaNgaagarr,, Lu Luck— 2n26o01w0, , (U.(UP.P.) ) Phone : 05222-. 4079556611//22330 8772, Email : kmsugar@rg@mgami:l .corm K M Spirits and Allied Industries Limited Regd. Office: 76, Eldeco Greens, Gomtinagar, Lucknow UP 226010 INDIA. CIN No.: U15100UP2018PLC1013215 Phone n0.:0522-4079561 Mail id- cs@kmspirit.com October 12,2026 K M Sugar Mills Limited 76, Eldeco Greens, Gomtinagar, Lucknow, Uttar Pradesh, India, 226010 S LD uu i i nb v m d: i i e s t rM i ea o d St n e e ( cor “ tfi R i a K e ol s n M u su l p 2tSd 3iua n 0g gt a te r C o oi 2M mn i 3 pl 2c l ao s n a n L nyn i d"e m c / oit tti “ he to ed hn r e ( w aC“i poDt pmeh lm p i t ce ah ar ne bg y l e ”S ed ) c p h rC ae oo n vm m d ie p s a t io hn of ey n i sA ” r r ) orr fei a tsnn hptg eeo e c CK tm oi e M mvn e p t S as p nf i h io r ar i er t seD s h e Aa o cm n l te ,ddr e 2Ag r 0l se l 1 r i 3a e no d (df “I SD n c ci d r hs u et es di mt il er tl ”i oe )e rr .y s s Dear Sir(s), T 2h 0i 2s 6 ,i s h ato s i inn tf eo rr - m a ly iao ,u a pth pa rt o vth ee d B tho ea r ad l lo of t mD ei nr te c ot fo r 1s ,8 o 4f ,0 t 0h ,e 0 3C ¢4o m (p Oa nn e y C, r oi rn e i Ets i gm he te yt Fi on ug r h Le al cd s t To hd ia rty y O Fc ot uo rb )e fr u l1 l2 y, - npa ai md e u sp ae pq pu ei aty r es dh a ir ne ts h eof RI eN gR i s1 t0 e/ r- o e fa Mc eh mt bo et rhe s /el i rg ei cb ol re de sq u oi ft dy e s ph oa sr ie toh ro il ed se r as s o onf t K hM e S Ru eg ca or rM di l Dl as t L ei , m ii .et .,e d O cw th oo bs ee r 02,2026, in accordance with the terms of the Scheme. The aforesaid equity shares as allotted shall rank pari passu in all respects with the existing equity shares of the Company. F f e I B Nuu q n o elr u dl a tt i uy r h t s Se dp ty ar a r l, oi is fd eh st s ta h u Phe rp L e es i oha CE m coi q i o eld u t m ed i ea e dpt dl r say l s F o n S rt iyoh am tf cae f trn ot iie rt h nos e a dn al iao Ds slf po e p et oEm ri h snen ie atc or lil C dg tu o o e l od fm ed fe t mps 9he Ca 0ea non l t sm dl y a ao p ( it yaa dPm sr n Ae i f y N rs fn , a it rc n N o0 tg t o mf i o . o o 7 tnu M, B hat r3 I el .1 U o e9 dPf G n a M( t u t tBhS r i e8ee tv 6 ov lif f0 ee nr mn 6d aa e Mc e lT nt ) lrh ti o, soo tS n u mi b ias enn el nga i ts th nn hh gd e oa M fr tT mo e h sh an e hr re g ae kTn a re ert e i tu sH -t s u al t iKn ne ne md dM e ae r ddn Ae S i ht ppd ss epi t ra r o ro etn iif s nbd n t cu tah tN eee n ii d od wn e n il e b i tAt oyg l he fi l e tb i t tn l he h h) e d e e e Scheme and the applicable SEBI Master Circular. The Company is in the process of making the necessary applications to the Stock Exchanges for listing and obtaining trading approval for the aforesaid equity shares allotted pursuant to the Scheme. This is for your information. ‘Thanking You. Yours faithfully, For KM Spirits and Allied Industries Limited Gurvinder Singh Monga Company Secretary & Compliance Officer Membership No. A25201