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KM Sugar Mills to dispose stake in Sonar Casting

31 Dec 2020 Evaluate

KM Sugar Mills is planning to dispose the stake in Sonar Casting. With this disposal, the holding of the company in the equity share of Sonar Casting will be reduced resulting Sonar Casting will ceased to wholly owned subsidiary company of this company.

KM Sugar Mills manufactures and sells sugar products. The company also operates a distillery that manufactures rectified spirit, ethanol, extra neutral alcohol, and bio fertilizers.

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