Jubilant Agri & Consumer: unsecured creditors approve demerger scheme at NCLT meeting
Jubilant Agri & Consumer Products Ltd · Chemicals & Petrochemicals
What the filing says
- Court-convened meeting of unsecured creditors held 05-09-2026 at Bhartiagram, Gajraula; 24 creditors voted by poll, all in favour, none against.
- Scheme is the demerger of Agri Business into Jubilant Agri Solutions Limited; meeting convened under NCLT Allahabad Bench order dated July 08, 2026.
- Value of debt voted in favour was Rs. 12,59,00,064, which is 100% of votes cast in value and number; resolution passed with requisite majority.
Why it's rated notable: Unsecured creditors approved the Scheme of Arrangement for demerger of the Agri Business into Jubilant Agri Solutions Limited with 100 percent of votes polled in favour, though the scheme remains subject to NCLT sanction and the filing gives no size for the Agri Business.
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Hon'ble NCLT-Convened Meeting Of Unsecured Creditors Held On September 05, 2026 - Copy Of The Scrutinizer's Report And Voting Results.
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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.