NCLT-convened unsecured creditors meeting on Sept 5 for JACPL to JASL demerger scheme
JUBLCPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jubilant Agri and Consumer Products (JUBLCPL) informed exchanges that NCLT Allahabad Bench has directed a meeting of unsecured creditors on Sept 5, 2026 at 12:30 PM at Gajraula, UP. The meeting will consider a Scheme of Arrangement for Demerger transferring the Agri Division into its wholly-owned subsidiary Jubilant Agri Solutions (JASL, unlisted). Share entitlement ratio is 1:1. As on March 31, 2026, unsecured creditors are owed about Rs. 195.35 crores and secured creditors about Rs. 27.74 crores.
Creditors vote on demerger; if approved, Agri business moves into JASL with a 1:1 share entitlement to existing JACPL shareholders.