Please refer to attachment.
INDIAGLYCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.4 pts less than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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.
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.