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India Glycols Shareholders Approve Demerger Scheme with Unanimous Support

India Glycols Shareholders Approve Demerger Scheme with Unanimous Support

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.

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