Shareholders approve NCLT scheme for demerger of Agri Business

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

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

-1.1%Reaction day

₹2234.10

prior close

₹2222.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-1.5% vs market

Specialty Chemicals peers, median of 102sector+0.3%-1.4% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.4 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

+0.7

10m

+1.5

15m

+2.0

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1+0.4-1.5+0.3-1.4

Next day

-3.2+0.9-4.2+0.7-4.0

-2.8+0.8-3.6+0.0-2.9

-5.5+0.6-6.1+0.2-5.7

-5.0+0.7-5.7-0.4-4.6

-6.9-2.6-4.3-2.7-4.2

-9.5-1.9-7.6-1.9-7.6

15d

-6.2-0.6-5.7-2.5-3.7

-10.9-1.0-9.8-1.8-9.0

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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

Equity shareholders of Jubilant Agri and Consumer Products approved the Scheme of Arrangement for demerger of its Agri Business into Jubilant Agri Solutions Limited at the NCLT-convened meeting on September 5, 2026. Out of 1,16,36,870 shares polled (76.8% of outstanding), 99.99% voted in favor. Promoters voted fully in favor. The resolution was passed with requisite majority.

Likely market impact

Key milestone in demerger process. Next steps include NCLT sanction and other regulatory approvals before scheme becomes effective.