India Glycols Limited shares fell more than 3% during intraday trading on August 19, 2026. This decline ended a four-day winning streak for the stock.
The stock opened at ₹1,152.40 on the BSE. It reached an intraday low of ₹1,101.05 during the session.
The company responded to a BSE query regarding high trading volumes. Management stated no undisclosed information exists to explain the activity, attributing the movement to market forces.
The National Company Law Tribunal (NCLT) approved the company's demerger plan in July 2026. This restructuring will split the business into three separate listed entities.
India Glycols will retain the chemicals division. IGL Spirits Limited will manage spirits and biofuels. Ennature Bio Pharma Limited will focus on the bio-pharma sector.