As filed · India Glycols Limited has informed the Exchange regarding 'Material Update in Connection with IGL Spirits Limited with reference to Observation letter no. NSE/LIST/48932 dated 17th November, 2025 and
Sub.: Material Update in Connection with IGL Spirits Limited with reference to Observation.
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
Prior statements by this company that CapitSignal has recorded changing.
We 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.
We are looking at defense giving us an all-India footprint with the introduction of three to four new brands.
You will find our revenue growth exceeding the volume growth in due course of time because of the premium mix.
we are aspiring to do a INR130 crores to INR150 crores EBITDA over the next four or five years.
We expect to deliver an EBITDA in excess of INR500 crores.
