Tag: Demerger
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Apollo Hospitals Inventory Rises 2% Following NSE Approval of Enterprise Demerger
Shares of Apollo Hospitals Enterprise Restricted (AHEL) rose 1.85% to commerce at Rs 7,202.50, after the corporate acquired an statement letter with ‘no objections’ from the Nationwide Inventory Trade (NSE) with respect to restructuring its companies. The corporate had acquired approval from the Competitors Fee of India (CCI) in September for the transactions contemplated beneath…
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SKF India’s Industrial Enterprise Formally Listed After Demerger
New Delhi: SKF India (Industrial), the newly demerged industrial enterprise of SKF India, was formally listed on the bourses on Friday.The demerger of SKF India into two unbiased entities — SKF India (Industrial) Ltd and SKF India Ltd — was accomplished pursuant to the Scheme of Association accredited by the Nationwide Firm Legislation Tribunal (NCLT)…