India Glycols sets post-demerger share cost allocation at 31.77%, 20.61% and 47.62%
As filed · India Glycols Limited has informed the Exchange regarding 'Apportionment of Cost of Acquisition of Equity Shares of India GlycolsLimited ( Demerged Company / the Company ), Ennature Bio PharmaLimited
What happened
FactIndia Glycols issued shareholder guidance on allocating the original acquisition cost of its shares following the effective date of its demerger scheme on 1st September, 2026. Shareholders may allocate total original cost across India Glycols at 31.77%, Ennature Bio Pharma at 20.61%, and IGL Spirits at 47.62%.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
ContradictedWe are looking at doubling our volumes in the Amrut whiskey segment, the three whiskies that we make with them, we are looking at a healthy 10,000 plus kind of a volume as far as the single malt is concerned in the states where we operate.
We are looking at defense giving us an all-India footprint with the introduction of three to four new brands.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- 2x IMFL Volumes through new brand launches by FY27 (management committed by FY27)
- Aspire to Deliver in EBITDA over INR 550Cr by FY27 (management committed by FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- The allocation provides a basis for shareholders to calculate acquisition costs for their holdings in the demerged and resulting companies, which may affect tax calculations on future transactions. The company notes that authorities could take a different view and recommends shareholders obtain independent tax advice.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%