NCLT directs notice issuance on second motion petition for JASL demerger

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JUBLCPL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-2.4%Reaction day

₹1900.00

prior close

₹1900.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-3.2% vs market

Specialty Chemicals peers, median of 102sector+0.4%-2.8% vs sector

On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250 and 2.8 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

+1.5

10m

+1.1

15m

+1.7

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4+0.8-3.2+0.4-2.8

Next day

+0.8+1.0-0.2+0.6+0.3

+1.4+1.7-0.4+1.8-0.4

+0.4+0.1+0.4+0.2+0.2

-2.2+0.8-3.0+0.9-3.1

-5.8-0.9-4.9-0.5-5.4

-4.5-4.5-0.0-4.7+0.2

15d

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 102Pending

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

AI summary

NCLT Allahabad Bench has directed issuance of notices to statutory and regulatory authorities on the second motion petition filed by Jubilant Agri and Consumer Products for the proposed demerger into Jubilant Agri Solutions Limited (JASL). The next date of hearing is fixed for December 03, 2026. This is a procedural step under Section 230(5) of the Companies Act 2013 in the scheme approval process.

Likely market impact

Routine procedural step in demerger approval. Next NCLT hearing on December 3, 2026. No immediate material impact on shareholders.