Announced Thu, 21 May · 20:54 IST
India Glycols Limited has informed the Exchange regarding Update on NCLT Hearing''.
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INDIAGLYCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹991.40
prior close
₹1008.20
base price
After-mkt
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AI summary
India Glycols Limited has provided an update on the NCLT hearing regarding its Scheme of Arrangement involving a demerger into Ennature Biopharma Limited and IGL Spirits Limited. The matter was listed for hearing on 21st May 2026 but could not be taken up due to paucity of time. The next hearing date is yet to be notified. This is a routine procedural update in an ongoing corporate restructuring process.
Likely market impact
The postponement of the NCLT hearing delays the demerger process but does not indicate any adverse development. Shareholders should await further updates on the next hearing date.