Jubilant Agri & Consumer Products has scheduled its 18th Annual General Meeting (AGM) for Tuesday, September 01, 2026, at 11:00 A.M. (IST). The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), allowing shareholders to participate remotely in accordance with Ministry of Corporate Affairs circulars. The primary agenda includes transacting business set forth in the AGM Notice, which covers the approval of the Annual Report for the Financial Year 2025-26.

The company has opted for an electronic-only distribution model for its annual report and AGM notice. Documents will be sent exclusively to shareholders who have registered their email addresses with the company, Registrar and Transfer Agent Alankit Assignments Limited, or their Depository Participants. In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a letter containing a web-link to the Annual Report will be dispatched to members without registered email addresses. Physical copies are available only upon specific request via email to investorsjacpl@jubl.com .

Shareholders will be provided with remote e-voting facilities prior to the AGM, as well as e-voting during the meeting for those attending via VC/OAVM who have not voted remotely. The detailed procedure for voting is outlined in the AGM Notice. Members who cast their votes through remote e-voting prior to the meeting may still attend the AGM via VC/OAVM but are not eligible to vote again.

As of March 31, 2026, 62,930 equity shares belonging to 1,980 shareholders remain in Demat Securities Escrow accounts. Voting rights on these shares are frozen until rightful owners claim them. Shareholders holding shares in demat mode can request release from escrow by providing DPID-CLID, name, client master copy, and self-attested PAN and Aadhar cards to the RTA or the company.

Key Meeting Details

The company has confirmed that the special window for re-lodgement of transfer requests for physical shares, mandated by SEBI Circular No. SEBI/HO/MIRSD/MIRSD-POD-1/P/CIR/2023/37, is not applicable as all shares of Jubilant Agri & Consumer Products are held in dematerialized form. Advertisements regarding the AGM were published in Mint (English) and Hindustan (Hindi) on August 05, 2026, pursuant to Regulation 30 and 47 of the Listing Regulations.

Jubilant Agri & Consumer Products Limited will convene an Extraordinary General Meeting (EGM) of its equity shareholders on September 5, 2026, at 11:30 A.M. (IST) to seek approval for its proposed Scheme of Arrangement for Demerger. The meeting, directed by the National Company Law Tribunal (NCLT), Allahabad Bench, aims to approve the separation of the company’s Agri Division into a distinct entity, Jubilant Agri Solutions Limited. This structural change is designed to unlock value by allowing focused management and independent capital allocation for the agricultural business segment. Shareholders holding equity as of August 6, 2026, are eligible to vote, with remote e-voting available from September 2 to September 4, 2026.

The NCLT issued its order on July 8, 2026, directing the convening of the meeting under Sections 230 to 232 of the Companies Act, 2013. The notice was dispatched on August 1, 2026, to equity shareholders whose names appeared in the Register of Members as of Friday, July 24, 2026. Deep Chandra Joshi, Former Acting President of the NCLT, has been appointed as the Chairperson for the meeting, with Anil Kumar serving as the Scrutinizer. The venue is the company’s registered office in Gajraula, Uttar Pradesh.

Scheme Details and Financial Impact

Under the proposed scheme, the Agri Division of Jubilant Agri and Consumer Products Limited (the Demerged Company) will be transferred to Jubilant Agri Solutions Limited (the Resulting Company) on a going concern basis. The share entitlement ratio is set at 1:1, meaning shareholders will receive one equity share of the Resulting Company for every one share held in the Demerged Company.

As of March 31, 2026, the Demerged Company reported total assets of ₹3,680.53 million and liabilities of ₹1,436.80 million associated with the Agri Division. These figures will be transferred to Jubilant Agri Solutions Limited upon the scheme’s effectiveness. The Demerged Company will retain its Performance Polymers and Chemicals Division and may subsequently change its name to Jubilant Industries Limited.

Regulatory Approvals and Rationale

The scheme has received ‘no objection’ letters from both the BSE Limited and the National Stock Exchange of India Limited, dated April 17, 2026. The statutory auditors, BGJC & Associates LLP, have certified that the accounting treatment complies with Ind AS 103 Appendix C, utilizing the pooling of interests method for entities under common control.

The Board of Directors approved the scheme on November 4, 2025, citing the need for strategic clarity and risk segregation. The agriculture sector in India is undergoing rapid transformation supported by government initiatives such as PM-KISAN and PMFBY. By separating the Agri Division, the companies aim to pursue tailored growth strategies aligned with their respective market dynamics. The scheme requires approval from a majority in number representing three-fourths in value of the equity shareholders present and voting.