IGL Spirits Allots 6.7 Cr Shares, Appoints KMPs

Date: 8th September, 2026

Name: Shri Naresh Kumar Agrawal
Designation: Chief Financial Officer & Key Managerial Personnel
Type of change: Appointment
Effective date: 8th September, 2026
Profile: Associate Member of the Institute of Chartered Accountants of India (Membership No. 529027), aged 42 years (born 27th April, 1984). Has 17 years of experience in Finance, Tax, Accounts, Treasury and Taxation. Worked with IGL Group since 2019, with last assignment at Oriental Structural Engineers Private Limited.
Relationship with directors: Nil

Name: Shri Ishan Khanna
Designation: Company Secretary, Key Managerial Personnel & Compliance Officer
Type of change: Appointment
Effective date: 8th September, 2026
Profile: Associate Member of Institute of Company Secretaries of India (ACS: 53517), aged 33 years (born 19th February, 1993), law graduate. Has a decade of experience in Corporate Secretarial, Listing Compliances, Merger & Demergers and Acquisitions, Legal Due Diligence, Corporate Law Advisory, Compliance Management, Government Inspection. Worked with IGL Group since 2024 and previously as Partner of a reputed Company Secretarial Firm.
Relationship with directors: Nil

Name: M/s MAKS & Co., Company Secretaries
Designation: Secretarial Auditor
Type of change: Appointment
Effective date: 8th September, 2026
Term: For a period of 5 consecutive years from FY 2026-27 to 2030-31, subject to shareholders approval
Profile: Partnership Firm with firm registration number P2018UP067700 and Peer Review Certificate No.: 2064/2022. Corporate consultancy business solution firm promoted and managed by qualified, experienced professionals from corporate governance and compliance fields. Engaged in providing comprehensive professional services in corporate law, SEBI regulations, FEMA compliance, NBFC Compliances, and allied fields, delivering strategic solutions to ensure regulatory adherence including representing corporates before various regulatory authorities.
Relationship with directors: Nil

Name: M/s S.S. Kothari Mehta & CO. LLP, Chartered Accountants
Designation: Internal Auditor
Type of change: Appointment
Effective date: 8th September, 2026
Term: For the financial year 2026-27
Profile: Chartered Accountants firm with Firm Registration No. 000756N/N500441, head office in New Delhi with PAN India presence, consisting of 19 Partners and other qualified multidisciplinary professionals. Over 5 decades of multi-industry experience. Acts as auditors to various companies including listed companies with track record of integrity & independence.
Relationship with directors: Nil

The Board of Directors of IGL Spirits Limited at its meeting held on 8th September, 2026 approved:

Allotment of 6,70,26,765 (Six Crore Seventy Lakh Twenty-Six Thousand Seven Hundred Sixty-Five) fully paid-up equity shares of INR 5/- each in the ratio of 1:1 to eligible shareholders of India Glycols Limited
Appointment of Shri Naresh Kumar Agrawal as Chief Financial Officer & Key Managerial Personnel
Appointment of Shri Ishan Khanna as Company Secretary, Key Managerial Personnel & Compliance Officer
Appointment of M/s MAKS & Co., Company Secretaries as Secretarial Auditor for 5 years (subject to member approval)
Appointment of M/s S.S. Kothari Mehta & CO. LLP as Internal Auditor for FY 2026-27
Approval of Information Memorandum for listing application with Stock Exchanges

Allotment of 6,70,26,765 equity shares of INR 5/- each to eligible shareholders of India Glycols Limited
Record Date: 2nd September, 2026
Allotted shares will rank pari passu in all respects with existing equity shares of the company
Ratio: 1:1 (one equity share of IGL Spirits Limited for each share of India Glycols Limited)