NCLT allows first motion for JACPL agri business demerger into JASL

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Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹2094.00

prior close

₹2100.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-1.8% vs market

Specialty Chemicals peers, median of 92sector+0.8%-1.3% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.3 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.2

10m

+0.7

15m

+0.5

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+1.4-1.8+0.8-1.3

Next day

-2.1+1.5-3.6+0.8-2.9

-4.1+0.5-4.6+0.4-4.5

-4.5+1.1-5.6+0.4-4.9

-4.5+0.7-5.2+0.6-5.1

-5.0-0.4-4.5-0.1-4.8

-8.2+0.5-8.8+1.2-9.4

15d

-14.4+0.1-14.4+0.2-14.5

-14.0+3.5-17.6+3.5-17.6

+0.8+5.8-5.0+7.5-6.7

-11.4+2.4-13.8+2.1-13.5

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 92Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NCLT Allahabad has allowed the first motion application for demerger of JACPL's Agri Business into its wholly owned subsidiary JASL. Share entitlement ratio is 1 share of JASL for every 1 share of JACPL. Post-demerger, JACPL will be renamed Jubilant Industries Limited. NSE and BSE had already issued no-objection letters in April 2026. Meetings of 18,349 equity shareholders and 434 unsecured creditors (aggregate debt about Rs 194 crore) are scheduled for September 5, 2026. Secured creditors meeting dispensed with as 100 percent consent received.

Likely market impact

Progresses the demerger plan to shareholder and creditor vote on September 5, 2026. Shareholders to receive 1 share in JASL for each share held.