India Glycols Limited shareholders unanimously approved the scheme of arrangement for demerging the company into Ennature Bio Pharma Limited and IGL Spirits Limited during an NCLT-convened meeting on March 24, 2026. The meeting recorded 4,42,48,626 total votes with 4,42,48,625 votes in favour, representing 100% approval across all shareholder categories. The demerger scheme, conducted under Sections 230 to 232 of the Companies Act, 2013, marks a significant corporate restructuring initiative with full regulatory compliance.
India Glycols Shareholders Approve Demerger Scheme with Unanimous Support