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Rossell Techsys makes Indian stock market debut post demerger from Rossell India; check details
2 weeks, 1 day ago

Rossell Techsys makes Indian stock market debut post demerger from Rossell India; check details

Live Mint  

Rossell Techsys, following its demerger from parent company Rossell India Limited in August 2024, made its stock market debut on Indian bourses on Monday, December 9. Rossell Techsys-Rossell India demerger The Bengaluru-based aerospace and defence solutions provider firm was demerged from its parent Rossell India Limited, after the National Company Law Tribunal, Kolkata Bench, approved the scheme of arrangement in …

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Raymond Skyrockets To Record High As Board Approves Vertical Demerger Of Real Estate Biz
5 months, 2 weeks ago

Raymond Skyrockets To Record High As Board Approves Vertical Demerger Of Real Estate Biz

News 18  

Shares of Raymond skyrocketed 18.5 percent to hit a record high on July 5 after the board approved demerger of its real estate business, Raymond Realty. In a regulatory filing, Raymond announced the vertical demerger of its Real Estate business into its wholly-owned subsidiary, Raymond Realty. Additionally, Raymond has signed three new JDAs in Mahim, Sion, and one more in …

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Raymond shares hits record high over demerger of real estate arm
5 months, 2 weeks ago

Raymond shares hits record high over demerger of real estate arm

Hindustan Times  

Shares of Raymond hit a life high on Friday, a day after the Group announced the vertical demerger of its real estate business into its wholly owned subsidiary, Raymond Realty Ltd. Raymond share price: The Board of Raymond Limited announced on Thursday that Raymond Limited and Raymond Realty Limited will operate as separate listed entities, a company statement said. According …

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ITC share price continues to fall for second day after hotel unit demerger
1 year, 4 months ago

ITC share price continues to fall for second day after hotel unit demerger

Live Mint  

ITC share price continued its downward movement for the second staright day on July 25, a day after the company officially announced the demerger of its hotel business. “After due consideration, the board accorded its in-principle approval to the demerger of the hotels business under a scheme of arrangement, with the company holding a stake of about 40 per cent …

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ITC’s demerger for hotel biz underway; shares hit 52-week high; check details
1 year, 5 months ago

ITC’s demerger for hotel biz underway; shares hit 52-week high; check details

Live Mint  

Shares of ITC Ltd rallied over three per cent to hit a 52-week high of ₹480.60 after media reports stated that the company's demerger process for its hotel business is now underway. ITC's hotel business demerger has been cited as one of the key triggers for further potential upside on the stock by analysts. Last year, Chairman and Managing Director …

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