IGL Spirits Limited, a wholly owned subsidiary of india glycols , has appointed Manoj Kumar Rai as its Chief Operating Officer effective July 2, 2026. The appointment was communicated to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This strategic move aims to bolster the operational leadership of the subsidiary with an experienced industry veteran.

Appointment Details

The appointment was formalized on July 2, 2026. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III and the SEBI Master Circular dated January 30, 2026.

Profile of Manoj Kumar Rai

Manoj Kumar Rai, aged 53 years, is a seasoned business leader with over 27 years of experience across the engineering, consumer goods, entertainment, and alcoholic beverages industries. His expertise spans business strategy, P&L management, commercial excellence, and business transformation.

Rai holds a Postgraduate Diploma in Business Management from the Indian Institute of Management, Lucknow, and a Bachelor of Technology from the Indian Institute of Technology, Delhi. Prior to this appointment, he served as Chief Revenue Officer at Allied Blenders and Distillers Limited. His career also includes tenures at prominent organizations such as Pernod Ricard India, Marico Industries, and Saregama India.

India Glycols Limited has informed its shareholders regarding the impending transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is in compliance with the provisions of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The company is required to transfer shares for which dividends have remained unpaid or unclaimed for a period of seven consecutive years or more.

The notice specifically targets all equity shares related to the financial year 2018-19, where dividends have been unclaimed for seven consecutive years. In accordance with the regulations, these shares are liable to be transferred to the IEPF Authority. The company has already communicated individually with the concerned shareholders at their last known addresses to encourage them to take appropriate action.

Full details of the affected shareholders, including names, folio numbers, and the number of shares due for transfer, have been uploaded on the company's website. Shareholders are requested to verify these details to ascertain if their holdings are subject to this transfer.

Shareholders who have not claimed their dividends for the year 2018-19 and subsequent years are requested to submit their claims on or before September 10, 2026. If the company does not receive communication from the relevant shareholders by this date, it will proceed to issue new share certificates in lieu of the original ones for the purpose of dematerialization and transfer to the IEPF Authority. In such cases, the original share certificates registered in the shareholder's name will be automatically cancelled and deemed non-negotiable.

For shares held in dematerialized form, the company will inform the depository via corporate action to facilitate the transfer of shares to the IEPF Authority's domain account. The company has clarified that no claim will lie against it regarding unclaimed dividends and shares transferred to the IEPF. However, shareholders can reclaim the unclaimed dividends and shares, along with any accrued benefits, directly from the IEPF Authority by following the prescribed procedures and submitting the necessary documents.

Shareholders seeking further information or clarification can contact the Company Secretary at the company's Head Office in Noida or reach out to the Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited, in New Delhi.