Date: 06.09.2026

Meeting Details

The meeting of Unsecured Creditors of Jubilant Agri and Consumer Products Limited was convened pursuant to the NCLT Order dated July 08, 2026 passed by the Hon'ble National Company Law Tribunal, Allahabad Bench. The meeting was held on Saturday, September 05, 2026 at Bhartiagram, Gajraula, Tehsil Dhanaura, District Amroha–244223, Uttar Pradesh from 12:30 PM to 01:25 PM.

Voting Results

The resolution for approval of the Scheme of Arrangement for Demerger between Jubilant Agri and Consumer Products Limited (Demerged Company) and Jubilant Agri Solutions Limited (Resulting Company) was passed by Unsecured Creditors with requisite majority.

Detailed Voting Breakdown:

  • Total debt value represented by voting creditors: ₹125,900,064
  • Percentage of total outstanding debt voted: 6.4449%
  • Votes in favor: 100% (₹125,900,064)
  • Votes against: 0% (₹0)
  • Number of creditors who voted: 24
  • Quorum requirement: 5 creditors (met with 24 attendees)

Scrutinizer's Report

Anil Kumar, Company Secretary in Practice (FCS:5693, CP:5592) of Anil Kumar & Associates was appointed as Scrutinizer by the NCLT Order dated July 08, 2026. The scrutinizer's report confirmed:

  • All 24 unsecured creditors voted through physical ballot papers at the meeting venue
  • No votes were cast through e-voting or postal ballot
  • The quorum was present throughout the meeting
  • The resolution was approved by 100% of votes cast both in value and number

Creditor Voting Details

The top 5 creditors by vote value who approved the scheme:

1. Jubilant Ingrevia Ltd. - ₹615,816,13 (48.91% of total votes)

2. Macro Polymer - ₹128,136,08 (10.18% of total votes)

3. Jubilant Pharmova Ltd. - ₹118,337,00 (9.40% of total votes)

4. Can N Cam - ₹92,375,34 (7.34% of total votes)

5. Maa Jungli Devi Enterprises - ₹80,772,01 (6.42% of total votes)

Other creditors included Pioneer Industries, PCI Pest Control Pvt. Ltd., Amit Deep, M.K. Construction, Arnav Enterprises, Modern Lokpriya, Tech Fab Export, Home Furniture, Richa Chemical, Bharadwaj Packaging, Tarun Container, Jubilant Enpro Pvt. Ltd., Delight Goods Carrier, Arham Organisation, Adarsh Contractor, Jubilant Life Sciences Limited, Shubham Engineering, JAY Instrument, and Shri Satya Construction.