India Glycols Merger & Restructuring
India Glycols Limited has completed its demerger into three separate entities effective September 1, 2026. The scheme, sanctioned by the NCLT, is now operational.
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India Glycols Limited has completed its demerger into three separate entities effective September 1, 2026. The scheme, sanctioned by the NCLT, is now operational.
India Glycols Ltd received the certified NCLT order approving the Scheme of Arrangement, which involves the demerger of its Biopharma, Spirits, and Biofuel undertakings.
NCLT Allahabad Bench has sanctioned India Glycols Limited's demerger scheme. The Bio Pharma, Spirits, and Biofuel undertakings will be transferred to resulting companies EBL and ISL.
India Glycols Ltd's demerger scheme received NCLT approval. The tribunal reserved its final order, pending resolution of tax-related matters.