Meeting Details

The NCLT Convened Meeting of Equity Shareholders was held on Saturday, September 05, 2026.

  • Time: From 11:30 A.M. (IST) to 12:20 P.M. (IST)
  • Location: Bhartiagram, Gajraula, Tehsil Dhanaura, District Amroha–244 223, Uttar Pradesh
  • Type of Meeting: Court Convened Meeting (NCLT Convened Meeting)

Summary of Proposed Resolution and Implications

The single agenda item for the meeting was to obtain approval for the "Scheme of Arrangement for Demerger between Jubilant Agri and Consumer Products Limited (Demerged Company) and Jubilant Agri Solutions Limited (Resulting Company) and their respective shareholders and creditors". The scheme is proposed under the provisions of Sections 230 to 232 of the Companies Act, 2013. The demerger involves the transfer of business from Jubilant Agri and Consumer Products Limited to Jubilant Agri Solutions Limited.

Voting Process and Methods Used

The voting process was conducted as per the NCLT order and the Companies Act, 2013. Two methods of voting were provided:

1. Remote E-Voting: The facility was available from Wednesday, September 02, 2026 at 09:00 A.M. (IST) to Friday, September 04, 2026 at 05:00 P.M. (IST).

2. Physical Polling: Physical polling papers were made available at the meeting venue for members who had not cast their votes via remote e-voting.

Key Voting Outcomes and Participation

  • Total Equity Shareholders Attended: 47 (Forty Seven)
  • Breakdown of Attendance:
  • 17 (Seventeen) Equity Shareholders attended in person or through an Authorised Representative.
  • 30 (Thirty) Equity Shareholders attended by proxy.
  • The document states that the combined voting results from remote e-voting and physical polling will be announced on the websites of the BSE (www.bseindia.com), NSE (www.nseindia.com), and the company (www.jacpl.co.in). Specific vote counts (for, against, total cast) and a category-wise breakdown (Promoters, Public, Institutions) are not provided in this summary and are pending announcement.

Scrutinizer's Role

Mr. Anil Kumar was appointed as the Scrutinizer of the Meeting by the Hon'ble NCLT. His findings and conclusions regarding the vote are not detailed in this proceedings summary and will be part of the final results announcement.

Compliance Confirmation

The meeting was convened pursuant to the NCLT Order dated July 08, 2026, passed by the Allahabad Bench. The company confirms that the meeting was conducted in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Chairperson Appointment

Mr. Deep Chandra Joshi, Former Acting President of NCLT, was appointed as the Chairperson, and Mr. Saumyam Krishna was appointed as the Alternate Chairperson of the meeting by the Hon'ble NCLT.