K.M. Sugar Mills Limited, along with KM Spirits And Allied Industries Limited, is proceeding with a Scheme of Arrangement for Demerger. A notice of hearing for the Company Petition, pursuant to an order dated June 11, 2026, by the Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench, has been published. The hearing is scheduled to take place before the NCLT at Allahabad on July 30, 2026. The Scheme of Arrangement is being undertaken under Sections 230-232 of the Companies Act, 2013. Copies of the newspaper advertisement regarding the notice of hearing were published on July 7, 2026, in the "Financial Express" (English) and "Jan Satta" (Hindi). The advertisements are also available on the company's website.