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IGL/SE/2026-27/45 20th August, 2026 The Manager (Listing) The Manager (Listing) BSE Limited National Stock Exchange of India Limited 1st Floor, New Trading Ring, Exchange Plaza, C-1, Block G, Rotunda Building, P.J. Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai- 400 051 Scrip Code: 500201 Symbol: INDIAGLYCO Dear Sirs, Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Receipt of Certified True Copy of order of the Hon’ble National Company Law Tribunal, Allahabad Bench, Prayagraj (“NCLT”) on the Scheme of Arrangement. This is in continuation of our earlier intimation dated 20th July, 2026 bearing no: IGL/SE/2026-27/25, wherein we had informed that the Hon’ble National Company Law Tribunal, Allahabad Bench, Prayagraj (“NCLT”) vide its order dated 17th July, 2026 (“Order”), had approved the Scheme of Arrangement amongst India Glycols Limited (“Demerged Company”/ “the Company”), Ennature Bio Pharma Limited (“Resulting Company 1”) and IGL Spirits Limited (“Resulting Company 2”) and their respective shareholders and creditors (“Scheme”), under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Act”) read with the rules framed thereunder. We wish to inform you that a certified true copy of the said order of NCLT dated 17th July, 2026, has been received by the Company on 20th August, 2026, and the same is enclosed herewith. The Appointed Date for the approved Scheme is 1st April, 2026. The Effective Date of the Scheme and Record Date shall be determined by the Board of Directors of all the Companies in accordance with the terms of the Scheme and the same shall be communicated in due course. Thanking you, Yours faithfully, For India Glycols Limited Ankur Jain Head (Legal) & Company Secretary Enclosure: as above IN THE NATIONAL COMPANY LAW TRIBUNAL ALLAHABAD BENCH, PRAYAGRAJ CP (CAA) NO.07/ALD/2026 IN CA (CAA) NO.36/ALD/2025 (Second Motion) (An Application filed under Sections 230 - 232 of the Companies Act, 2013, read with Companies (Compromises, Arrangements, and Amalgamations) Rules, 2016, and other applicable provisions) IN THE MATTER OF SCHEME OF ARRANGEMENT OF: INDIA GLYCOLS LIMITED, [CIN L24111UR1983PLC009097], [PAN AAACI7246P] Registered Office at A-1, Industrial Area, Bazpur Road, Kashipur, Distt. Udham Singh Nagar, Uttarakhand, India - 244713. ........ Petitioner Company No. 1/ Demerged Company ENNATURE BIO PHARMA LIMITED, [CIN U24290UR2021PLC013005], [PAN AAGCE6816R] Registered Office at P. No. 4 Pharma City Selaqui, Dehradun, Uttarakhand, India - 248197. <ennene.Petitioner Company No. 2 / Resulting Company No. 1 + IGL SPIRITS LIMITED, :zéf;\\ éIN U11011UT2024PLC018229], [PAN AAHCI9318M] Registered Office at A-1, Industrial Area, Bazpur Road, Kashipur, Distt. Udham Singh Nagar, Uttarakhand, India - 244713. ......... Petitioner Company No. 3 / Resulting Company No. 2 Order Pronounced on: 17.07.2026 Coram: Mr. Praveen Gupta : Member (Judicial) Mr. Ashish Verma : Member (Technical) Appearances: Sh. Rahul Agarwal, Sr. Adv., Hirak Mukhopadhyay, Varun Yadav and Atul Pandey, Adv : For the Applicant/Petitioner Companies Sh. Amit Mahajan, Sr. S.C. : For the Income Tax Department Sh. Mohd. Akhtar, STA : For the O.L./RoC, Uttarakhand ORDER ON PETITION The above Company Petition coming on for hearing on 02.07.2026, upon reading the said Petition, the Order dated 15.01.2026 read with modification Order dated 16.02.2026 whereby the Petitioner Companies were directed to convene meetings of Equity Shareholders and Unsecured Creditors of the Demerged Company (India Glycols Limited) through video conferencing under the supervision of a Chairperson and Alternate Chairperson appointed by this Tribunal for the purpose of considering and approving the Scheme of Arrangement proposed to be made between the Petitioner Companies and their respective shareholders, and the meetings of the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Resulting Companies No. 1 and 2 were dispensed with, and the meeting of the Secured Creditors of the Demerged Company was dispensed with (95.46% consent received), copy of which is annexed to the above Company Petition CP (CAA) No. 07/ALD/2026 filed on 28.03.2026; the newspapers Business Standard (English) and Uttar Ujala (Hindi, Nainital Edition) were published on 05.05.2026 containing the notices of hearing; the Affidavits of W@rvncefi led by the Petitioner Companies on 18.05.2026 confirming due publication and 93(‘7 L, vice of notices on regulatory authorities; the Chairperson’'s Report dated 26.03.2026 % &h irperson: Sh. L.N. Gupta; Alternate Chairperson: Sh. Vinayak Varma; Scrutinizer: Sh. i §un Agrawal) on the meetings of Equity Shareholders and Unsecured Creditors of the 2> sfis rged Company held on 24.03.2026, it appearing from the said reports that the Scheme of ‘Ar ‘angement has been approved by the requisite majority of Equity Shareholders (4,42,48,625 /{otesi n favour out of 4,42,48,626, with 1 vote against) and Unsecured Creditors (36 out of 36 participating creditors voted in favour, representing 100% in value); the Order dated 09.04.2026 whereby the Petitioner Companies were directed to serve copies of the petition on regulatory authorities and publish notices of hearing; the report dated 30.04.2026 submitted by the Registrar of Companies, Uttarakhand, to the Regional Director, Northern Region; the Representation Affidavit dated 07.05.2026 filed by the Regional Director, Northern Region; the Reply Affidavit filed by the Demerged Company vide diary no. 1340 dated 02.07.2026 addressing the observations of the Regional Director; the reports/comments of the Income Tax Department dated 10.06.2026 (Demerged Company), 12.06.2026 (Resulting Company No. 1) and 12.06.2026 (Resulting Company No. 2); the Reply Affidavits filed by the Petitioner Companies vide diary nos. 1323, 1333 and 1334 dated 01.07.2026; and upon reading the Petition and hearing Sh. Rahul Agarwal, Ld. Senior Advocate, representing the Petitioner Companies, and Sh. Amit Mahajan, Sr. S.C. for the Income Tax Department, and Sh. Mohd. Akhtar, STA for the O.L./RoC, Uttarakhand; This Tribunal finds that there appears to be no reservation to grant sanction to the Scheme, and that the sanction of the Scheme is not against public policy, nor would it be prejudicial to the public interest at large. In the context of the above discussion, the Scheme contemplated among the Petitioner Companies appears to be prima facie in compliance with all the requirements stipulated under the relevant sections of the Companies Act, 2013. In the absence of any further objections before the Tribunal and wherever it was necessary, required undertakings having been filed by the Petitioner Companies, this Tribunal sanctions the Scheme of Arrangement appended as Annexure-A to the Petition (Schedule-1 hereto) in terms of its Prayer Clause. In the result, the proposed Scheme of Arrangement, which is annexed to the Company Petition, stands approved and sanctioned, and the same shall be binding on all the Shareholders and Creditors of the above-named Petitioner Companies and also on the Petitioner Companies with effect from the Appointed Date, i.e., Ist day of April, 2026. The Petitioner Companies are required to act upon as per the terms and conditions of the sanctioned Scheme of Arrangement. ‘While approving the Scheme as above, it is clarified that this order should not be construed as, ~.in any way, granting exemption from payment of taxes (including Income Tax, GST or any 1. With respect to the Demerger of the Biopharma Undertaking from Petitioner Company No. 1/Demerged Company to Petitioner Company No. 2/Resulting Company No. 1: i Upon the Scheme becoming effective/from the Effective date, the Biopharma Undertaking (as defined in the Scheme) of Petitioner Company No. 1 (Demerged Company), together [Showing first 8,000 characters — download PDF for full document]