
<h1>Unsecured Creditors Approve Scheme of Arrangement for Demerger of Jubilant Agri and Consumer Products Limited</h1>
The meeting of Unsecured Creditors of Jubilant Agri and Consumer Products Limited concluded with the approval of the Scheme of Arrangement for the demerger involving the company and Jubilant Agri Solutions Limited.
The meeting, which was held on Saturday, September 05, 2026, at a venue in Amroha, Uttar Pradesh, sought approval from the Unsecured Creditors for the Scheme of Arrangement. The Scheme involves the demerger of Jubilant Agri and Consumer Products Limited (the Demerged Company) and Jubilant Agri Solutions Limited (the Resulting Company).
The resolution pertaining to the Scheme of Arrangement was passed by the Unsecured Creditors with the requisite majority during the meeting.
Voting Results of the Unsecured Creditors
The voting process, conducted through a poll system, saw a high approval rating for the proposed arrangement. The meeting record shows the following details regarding the votes cast by the Unsecured Creditors:| Parameter | Details |
|---|---|
| Total Unsecured Creditors Attended | 24 |
| Total Value of Debt (Creditors) | 12,59,00,064 |
| Votes Cast in Favour | 125,900,064 |
| Votes Cast Against | 0 |
| Percentage of Votes in Favour | 100.00% |
The results indicated that all 24 Unsecured Creditors attended the meeting and cast their votes physically through ballot papers, confirming the quorum was present throughout the session.
The Unsecured Creditors' meeting successfully approved the resolution covering the consideration and approval of the arrangement embodied in the Scheme of Arrangement for the demerger between Jubilant Agri and Consumer Products Limited and Jubilant Agri Solutions Limited.
JUBLCPL Stock Price Movement
As of 9:29 AM, shares of JUBILANT AGRI AND CONSUMER PRODUCTS LIMITED trade flat at ₹2222.6, showing no change in the market. The stock has maintained a tight intraday range, with 32 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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