StockWatch
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Commodity Chemicals
Management Change1 Sept 2026, 06:51 pm

India Glycols Ltd: Senior Managers Cease Employment Post Scheme Effective Date

AI Summary

India Glycols Ltd has announced that certain Senior Managerial Personnel (SMP) have ceased to be SMPs of the company effective close of business hours on August 31, 2026. This follows the transfer of their employment to the resulting companies, as per the Scheme of Arrangement which became effective on September 1, 2026. The company has provided details of the affected personnel, including their names and designations, and the reason for their cessation as SMPs. This update is in line with SEBI Listing Regulations and the company's website will also host this information.

Key Highlights

  • Senior Managers transferred employment post-Scheme of Arrangement.
  • Personnel ceased to be SMPs of India Glycols Ltd on August 31, 2026.
  • The Scheme of Arrangement became effective on September 1, 2026.
  • Details of affected SMPs are enclosed as Annexure A.
  • Information is compliant with SEBI Listing Regulations.