StockWatch
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Specialty Chemicals
Corporate Action1 Aug 2026, 05:10 pm

Jubilant Agri Shareholders to Vote on Demerger Scheme

AI Summary

Jubilant Agri and Consumer Products Ltd has announced a meeting of its equity shareholders, convened by the Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench. The meeting, scheduled for September 05, 2026, will seek approval for a proposed Scheme of Arrangement for Demerger under Sections 230-232 of the Companies Act, 2013. Shareholders can participate through remote e-voting or in-person voting at the venue. The notice, along with an explanatory statement and scheme details, has been dispatched to shareholders and uploaded on the company's website. The demerger involves Jubilant Agri Solutions Limited as the resulting company.

Key Highlights

  • Shareholders to vote on a proposed demerger scheme.
  • Meeting convened by NCLT, scheduled for September 05, 2026.
  • Voting options include remote e-voting and in-person poll.
  • Scheme of Arrangement details are available on the company website.