India Glycols' demerger plan sanctioned by NCLT Allahabad

India Glycols' demerger plan sanctioned by NCLT Allahabad. The tribunal has approved the split of its biopharma, spirits, and biofuel businesses. This move aims to unlock shareholder value and streamline operations. The demerger is expected to be tax-neutral and executed in a phased manner.

📊 STOCKS: INDIAGLYCO | 🏢 SECTOR: Corporate | #MEDIUMIMPACT #Demerger