INDIAGLYCOBSEIndia Glycols LtdHighNeutral
Announced Thu, 21 May · 20:52 IST

Please refer to attachment.

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INDIAGLYCO · price

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▲ 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
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.8-0.5-0.5+1.5+1.7+1.1-1.2+0.2-0.6-1.6-3.7+15.0
Up moveDown movePending
AI summary

India Glycols Limited filed an update regarding the ongoing NCLT proceedings for its proposed scheme of arrangement involving the demerger into two resulting companies — 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 time constraints. The next hearing date is yet to be notified by the NCLT Allahabad Bench at Prayagraj. This is a routine procedural update and does not indicate any new development in the demerger process.

Likely market impact

The deferral of the hearing has no immediate impact on shareholders. The demerger scheme remains pending for NCLT approval, and investors should await further updates on the next hearing date.