Demerger

Date: July 09, 2026 To To Listing Compliance Department, Listing Compliance BSE Limited, National Stock Exchange of India Limited P.J. Towers, Dalal Street, ‘Exchange Plaza’ C-1, Block G, Mumbai – 400001 Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Scrip Code: 544355 Symbol: JUBLCPL Sub: Receipt of order dated July 08, 2026, passed by Hon’ble National Company Law Tribunal, Allahabad Bench (‘NCLT’), inter alia, directing to convene the meetings of Equity Shareholders & Unsecured Creditors and dispensing with the requirement of convening the meetings of Secured Creditors of Jubilant Agri and Consumer Products Limited (“the Company”). Ref: Disclosure under Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosures Requirements), Regulations, 2015 (“Listing Regulation”). Dear Sir / Ma’am, This is in furtherance to our earlier intimation dated April 17, 2026, regarding receipt of the Observation Letters from National Stock Exchange of India Limited (‘NSE’) and BSE Limited (‘BSE’) in the matter of Scheme of Arrangement for demerger between Jubilant Agri and Consumer Products Limited (“The Company” or “Demerged Company”) and Jubilant Agri Solutions Limited (“JASL” / “Resulting Company”) and their respective shareholders and creditors (“Scheme” / “Scheme of Arrangement”) It is to inform you that the Hon’ble NCLT, vide its order dated July 08, 2026 (received on July 09, 2026) has allowed the First Motion Application filed in respect of the aforementioned Scheme of Arrangement. The said order is now available on the website of Hon’ble NCLT via www.nclt.gov.in, and on the website of the Company via https://www.jacpl.co.in/investors. The same is also enclosed with the present intimation. The Hon’ble NCLT vide the aforesaid order has inter alia directed to convene the meetings of the Equity Shareholders and Unsecured Creditors of the Company and has dispensed with the requirement of convening the meeting of the Secured Creditors of the Company. Further, it has also dispensed with the requirement of convening the meeting of the Equity Shareholders, Unsecured and Secured Creditors of the Resulting Company. Details about the aforesaid meetings along with copies of the notices, shall be submitted to the stock exchange(s) in due course. You are kindly requested to take the same on records. Thanking you, Yours faithfully, For & on behalf of Jubilant Agri and Consumer Products Limited Hariom Pandey Company Secretary and Compliance Officer Membership No. F9349 Encl: As Above IN THE NATIONAL COMPANY LAW TRIBUNAL ALLAHABAD BENCH, PRAYAGRAJ CA (CAA) NO.12/ALD/2026 (FIRST MOTION) (Under Sections 230 to 232 of the Companies Act, 2013 r/w Rule 3 & 5 of the Companies (Compromise, Arrangements and Amalgamations) Rules, 2016 and other applicable rules made thereunder) IN THE MATTER OF SCHEME OF ARRANGEMENT OF: JUBILANT AGRI AND CONSUMER PRODUCTS LIMITED, Having Corporate Identification Number as: L52100UP2008PLC035862 Having Its Registered Office Situated At: Bhartiagram, Gajraula, Tehsil Dhanaura, District Amroha-244223, Uttar Pradesh, India. ..Applicant Company No. 1/ "Demerged Company"/"JACPL" JUBILANT AGRI SOLUTIONS LIMITED, Having Corporate Identification Number As: U20122UP2025PLC220973 Having Its Registered Office Situated At: Bhartiagram, Gajraula, Tehsil Dhanaura, District Amroha-244223, Uttar Pradesh, India. ...Applicant Company No. 2/ "Resulting Company"/"JASL" THEIR RESPECTIVE SHAREHOLDERS AND CREDITORS Order pronounced on: 08.07.2026 Coram: Sh. Praveen Gupta : Member (Judicial) Sh. Ashish Verma : Member (Technical) CA (CAA) NO.12/ALD/2026 (FIRST MOTION) IN THE NATIONAL COMPANY LAW TRIBUNAL ALLAHABAD BENCH, PRAYAGRAJ Page 1 of 21 Appearances: Sh. Rahul Agarwal, Sr. Adv. assisted : For the Applicant Companies by Sh. Vedant Agarwal, Adv. ORDER 1. This is a joint First Motion Application filed by Applicant Companies for sanction of the proposed Scheme of Arrangement involving demerger of ‘Agri Business’ (hereinafter referred as ‘Demerged Undertaking’) of JUBILANT AGRI AND CONSUMER PRODUCTS LIMITED (hereinafter referred to as ‘Applicant No. 1 / Demerged Company’) into JUBILANT AGRI SOLUTIONS LIMITED (hereinafter referred to as ‘Applicant No. 2 / Resulting Company’) (to be collectively referred to as 'Applicant Companies') and their respective shareholders under Sections 230 & 232 of the Companies Act, 2013 (the ‘Act’) read with Rule 3 and 5 of the Companies (Compromises, Arrangements, and Amalgamations) Rules, 2016 (the ‘Rules’) and other applicable provisions of the Act for the time being in force, seeking sanction of the Scheme of Arrangement (hereinafter referred to as the ‘Scheme’). 2. The Applicant Companies have prayed for the following reliefs: i. Direct the Applicant Co. No. 1 ''Demerged Company" to issue individual notices and to convene, hold and conduct the meeting of the Equity Shareholders/Unsecured Creditors of the Applicant Co. 1/ "Demerged Company'' CA (CAA) NO.12/ALD/2026 (FIRST MOTION) IN THE NATIONAL COMPANY LAW TRIBUNAL ALLAHABAD BENCH, PRAYAGRAJ Page 2 of 21 through Video Conference (VC) or Other Audio-Visual Means (OAVM). ii. Dispense with the requirement of convening the meeting of the Secured Creditors of the Applicant Co. No. 1/”Demerged Company”. iii. Dispense with the requirement of convening the meeting of the Equity Shareholders/Unsecured and Secured Creditors of the Applicant Co. No. 2/ “Resulting Company.” iv. Direct that upon this Scheme becoming effective, the shares to be allotted by the Resulting Company shall remain frozen in the depository system till listing/ trading permission is given by the designated stock exchange(s); v. Direct that Upon this Scheme becoming effective, without any further act, instrument or deed, the name of the Demerged Company shall be changed to "Jubilant Industries Limited", and the name "Jubilant Agri and Consumer Products Limited" wherever it occurs in the Memorandum of Association and Articles of Association of the Demerged Company shall be substituted by such name and the Demerged Company shall not be required to add its former name as a suffix to its changed name; vi. And to consider and sanction the Scheme of Arrangement amongst JUBILANT AGRI AND CONSUMER PRODUCTS LIMITED (Applicant Company No. 1/ "Demerged Company"); JUBILANT AGRI SOLUTIONS LIMITED (Applicant Company No. 2/ "Resulting Company") w.e.f. from the Appointed Date, i.e., Effective CA (CAA) NO.12/ALD/2026 (FIRST MOTION) IN THE NATIONAL COMPANY LAW TRIBUNAL ALLAHABAD BENCH, PRAYAGRAJ Page 3 of 21 Date as per the Scheme; and their respective Shareholders and Creditors; and 3. It is submitted that the Registered Offices of the Applicant Companies are situated in the State of Uttar Pradesh, therefore, the territorial jurisdiction of the Applicant Companies lies with this Bench. 4. The Applicant Co. No. 1/ Demerged Company is engaged in the manufacturing of performance polymers, chemicals and agri-products. Its performance polymers and chemicals segment comprises of consumer products portfolio such as all kind of adhesives, maintenance solutions, wood finishes, binders, and glues, primers, hardeners, sealants, art and craft material, electroplating chemicals, poly-urethane polish, specialty coating etc., and Food polymers, polyvinyl acetate polymers and copolymers of vinyl acetate monomers and various types of Latexes and construction chemicals for both residential and commercial / Industrial usage, while its agri segment focuses on all kind of fertilizers (straight, complex and mix fertilizer), crop nutrition products, bio-catalyst and bio- stimulants for plants, plant growth regulators etc. 5. The Applicant Co. No. 2/ Resulting Company was incorporated with the objects of engaging in the business of manufacturing, marketing, and trading of agricultural products including all kinds of fertilizers and chemicals and offers custom research and farmer advisory services in this regard. 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