India Glycols: IGL Spirits board allots 6,70,26,765 shares under demerger scheme, names CFO, CS
India Glycols · Beverages
What the filing says
- IGL Spirits board on 8 September 2026 approved allotment of 6,70,26,765 equity shares of INR 5/- each in ratio 1:1 to India Glycols shareholders on Record Date 2nd September, 2026
- Shri Naresh Kumar Agrawal appointed CFO and Shri Ishan Khanna appointed Company Secretary & Compliance Officer, both KMP, from 8 September 2026
- MAKS & Co. appointed Secretarial Auditor FY 2026-27 to 2030-31, subject to member approval; S.S. Kothari Mehta & Co. LLP Internal Auditor FY 2026-27
Why it's rated notable: The Board approved allotment of 6,70,26,765 IGL Spirits equity shares in a 1:1 ratio under the Scheme of Arrangement, a demerger, but the filing does not state the size of the spirits business against annual revenue.
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Material Update In Connection With IGL Spirits Limited
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.