India Glycols Limited has informed the Exchange about Copy of Newspaper Publication
INDIAGLYCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
India Glycols Limited has filed copies of newspaper advertisements published on 21 February 2026 in Financial Express (English) and Uttar Ujala (Hindi) regarding NCLT-directed meetings of its equity shareholders and unsecured creditors. The meetings, ordered by the NCLT Allahabad Bench on 15 January 2026 (read with 16 February 2026 order), are to consider a Scheme of Arrangement under Sections 230-232 of the Companies Act, 2013, under which IGL is the Demerged Company and Ennature Bio Pharma Limited and IGL Spirits Limited are the two Resulting Companies. The equity shareholders' meeting is scheduled for 24 March 2026 at 11:00 AM and the unsecured creditors' meeting at 2:00 PM, both via video conferencing, with remote e-voting open from 20-23 March 2026. NSDL has been appointed to facilitate e-voting, and the scheme still requires NCLT sanction and other regulatory approvals if approved by the meetings.
This is a procedural disclosure for a proposed demerger/restructuring of India Glycols into separate entities. The actual outcome (approval or rejection by shareholders and creditors) and the final NCLT sanction will determine the impact on the company's structure and shareholder value, so the stock is unlikely to move materially on this filing alone.