
Legal9 Oct 2026, 06:58 pm
NCLT Directs Notices for Jubilant Agri Demerger Scheme
AI Summary
Jubilant Agri and Consumer Products Ltd has received an order from the Hon'ble NCLT, Allahabad Bench, dated October 08, 2026, regarding the second motion petition for a Scheme of Arrangement for demerger. The NCLT has directed the issuance of notices to statutory and regulatory authorities to invite their representations on the proposed demerger of Jubilant Agri Solutions Limited (JASL) from the company. The next hearing date is scheduled for December 03, 2026. This is a procedural step in the demerger process.
Key Highlights
- NCLT Allahabad has issued an order regarding the demerger scheme.
- Notices to be issued to statutory and regulatory authorities.
- Next hearing date set for December 03, 2026.
- Procedural step in the demerger of Jubilant Agri Solutions Limited.
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