StockWatch
·
Specialty Chemicals
Corporate Action1 Aug 2026, 05:20 pm

Jubilant Agri Creditors Meeting for Demerger Scheme

AI Summary

Jubilant Agri and Consumer Products Ltd has convened a meeting of its unsecured creditors on September 05, 2026, at 12:30 PM IST in Gajraula, Uttar Pradesh. The meeting, directed by the Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench, is to consider and approve a proposed Scheme of Arrangement for Demerger under Sections 230-232 of the Companies Act, 2013. The company has dispatched notices and explanatory statements to creditors with outstanding debt exceeding ₹1,00,000 as of March 31, 2026. The full scheme details, financial statements, and related reports are available on the company's website.

Key Highlights

  • Unsecured creditors meeting scheduled for September 05, 2026.
  • Purpose: Consider and approve a Scheme of Arrangement for Demerger.
  • Meeting convened as per NCLT Allahabad Bench directions.
  • Notices dispatched to eligible unsecured creditors.
  • Scheme details available on the company website.