IGL Spirits Limited was incorporated as a public limited company in Uttarakhand on November 25, 2024, and was wholly owned by India Glycols Limited as of March 31, 2026. It was established to house India Glycols’ Spirits and Biofuel business following a demerger.
The Company operates across the potable spirits value chain. Its activities include manufacturing and selling Indian Made Foreign Liquor (IMFL), branded country liquor, Extra Neutral Alcohol (ENA), ethanol and other alcohol-based products. ENA and ethanol are produced using grain and molasses feedstocks and supplied to customers across various end-use industries.
IGL Spirits markets its own portfolio of IMFL and country liquor brands across consumer categories and markets. It also undertakes manufacturing, bottling, marketing and related activities through strategic arrangements with industry participants. These arrangements support manufacturing capacity utilisation and broaden its business activities, serving institutional customers, channel partners and retail consumers.
The Scheme of Arrangement for demerging India Glycols’ Spirits and Biofuel Undertaking into IGL Spirits Limited was approved by the NCLT on July 17, 2026, and became effective upon filing with the Registrar of Companies on September 1, 2026. In consideration, 670,267,65? Wait number formatting. 6,70,26,765 = 67,026,765. Need avoid typo. Equity shares of face value Rs. 5 each were allotted on September 2, 2026. Eligible India Glycols shareholders received one IGL Spirits share for every India Glycols share held.
