Adani Enterprises Q1 profit surges 116%; to demerge food FMCG biz to Adani Wilmar
As part of the demerger, shareholders of Adani Enterprises will receive 251 shares of Adani Wilmar for every 500 shares they own.
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Raymond announces demerger of its real estate business
Each Raymond shareholder will receive 1 share of Raymond Realty for every 1 share held in Raymond.
Siemens board approves demerger of energy biz into separate listed entity
Shareholders of Siemens will receive one share of Siemens Energy India for every one share of Siemens.
Tata Motors to demerge its PV, CV biz into 2 separate listed companies
While there are limited synergies between CV and PV businesses, there are considerable synergies to be harnessed across PV, EV and JLR, says Tata Motors
Nuvama Wealth lists at ₹2,750 on NSE; falls 5% post debut
Post listing, Nuvama Wealth shares witnessed sharp volatility and locked in a 5% lower circuit limit of ₹2,612.50 and ₹2,564.10 on the NSE and BSE, respectively.
Reliance to list Jio Financial Services on bourses on Aug 21
The listing date of JFSL has been fixed a day before when FTSE Russell will drop the company from its indices.
Will ITC Hotels' demerger unlock value for shareholders?
ITC Hotels' demerger is expected to be completed by Sep'24, while the listing of the new entity is expected to take place in Nov'24.
Reliance Strategic Investments becomes Jio Financial Services beginning July 25
Jio Financial Services, a non-banking financial company, will be listed on the domestic stock exchanges, BSE and NSE, as a separate entity
All eyes on Jio Financial Services listing price as countdown begins
Today is the last day for investors to buy Reliance Industries shares to be eligible for Jio Financial Services on a 1:1 basis
CCI approves demerger of Haldiram Group’s FMCG business
The FMCG business of Haldiram Snacks and Haldiram Foods will be demerged into Haldiram Snacks Food.
