India Glycols (INDIAGLYCO) — Board Meeting

📢 Key Event
NCLT approves Scheme of Arrangement for demerger of Biopharma and Spirits & Biofuel units

🔄 What Changed
Scheme sanctioned by NCLT, transferring assets and liabilities to Resulting Companies 1 and 2

🔮 What's Next
Board to determine Effective and Record Dates; shareholders to receive shares in new entities

💡 Investor Takeaway
Shareholders will receive shares in the newly formed Resulting Companies following the demerger.

India Glycols Limited announced receipt of a certified true copy of the National Company Law Tribunal's order approving its Scheme of Arrangement, effective April 1, 2026. The order sanctions the demerger of the Biopharma and Spirits & Biofuel undertakings from the demerged company to two resulting entities, transferring assets, liabilities, employees, and tax obligations. Shareholders of the demerged company will receive shares in the new entities as per the scheme. The filing confirms regulatory clearance for corporate restructuring without altering existing tax liabilities or requiring immediate operational changes.

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About India Glycols Limited (INDIAGLYCO)

Fast Moving Consumer Goods · Alcoholic Beverages · Listed on NSE

Market Cap: ₹7,695.68 Cr P/E: 23.3 ROE: 10.8% ROCE: 12.3% Div Yield: 0.65%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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