The new company will mirror the shareholding of Siemens Ltd, and shareholders will receive one share…
Tag: demerger
ABRFL board approves demerger of Madura to Aditya Birla Lifestyle Brands
New Delhi: The board of directors of Aditya Birla Fashion and Retail Ltd (ABFRL) has approved…
ABFRL proposes demerger of Madura Fashion into separate listed entity
The proposed demerger will help create two separately-listed companies as independent growth engines with distinct capital…
Sterlite Power Transmission may consider listing post demerger: MD
Sterlite’s manufacturing arm, Global Products and Services, produces power transmission components, including conductors, power cables, and…
Vedanta plans a demerger; banks are thinking of debt
The bankers, who are part of the consortium, said the lead lender State Bank of India…
Flipkart valuation drops by Rs 41,000 crore in two years | KNOW WHY
Image Source : FILE Flipkart’s valuation dropped by $5 billion in two years. E-commerce company Flipkart…
Siemens’ hive offs, capex plans in spotlight
Investors in shares of Siemens Ltd have had a remarkable 2023 so far with the stock…
Vedanta volume spike sparks concern
A spike in Vedanta Ltd’s delivery volumes, or the number of shares being bought and held…
RIL to stay in focus ahead of demerger record date, Q1 results
NEW DELHI : Reliance Industries Ltd (RIL) saw its stock surge to a 52-week high of…