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ChemicalsMedium impactPre-market

India Glycols updates credit rating after restructuring

pre-market1 source ↓written by the desknot a recommendation

by FY27
2.5x-3.0x

India Glycols Limited announced that CARE Ratings has reviewed its credit ratings following a proposed scheme of arrangement. Key facilities remain on Rating Watch with Developing Implications. The company anticipates its net debt to PBILDT ratio to decline to 2.5x-3.0x by FY27, aided by business restructuring and stable profitability.

The restructuring involves demerging the biofuel and potable spirits undertakings into IGL Spirits Limited, and the bio-pharma undertaking into Ennature Bio Pharma Limited. This strategic move aims to enhance operational efficiency and financial stability.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 11 Mar 2026, 07:11 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IGL closed +3.2% on the day of the news, from ₹157.66 to ₹162.67; Nifty −1.6% over the same session.

Bulletin at 07:11 IST on 11 Mar 2026. Every change is measured from ₹157.66, the last close before it, on 10 Mar. Nifty 50 is measured over the same sessions.

  • IGL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
IGL closes around the bulletin against the close before the news, with Nifty 50 rebased to it143.41157.66171.91axis spans 20%before the news · 10 Mar157.66Nifty 50IGLbulletinD0+1+3+54 Mar16 Mar25 MarReference close ₹157.66. 16 sessions from 4 Mar to 25 Mar; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before10 Mar₹157.66basebase
On the day11 Mar₹162.67▲ +3.2%▼ −1.6%+4.8 pp difference
+1 session12 Mar₹161.91▲ +2.7%▼ −2.6%+5.3 pp difference
+3 sessions16 Mar₹155.49▼ −1.4%▼ −3.5%+2.1 pp difference
+5 sessions18 Mar₹157.33▼ −0.2%▼ −2.0%+1.8 pp difference
Gap at the open, % · ₹
▲ +0.6%+0.99 on 11 Mar
Day's range, % · ₹
5.4%≈ 8.6 high to low
Volume on the day
3.69×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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