Himadri approves demerger scheme with Dalmia Bharat Refractories

Himadri approves demerger scheme with Dalmia Bharat Refractories — The board approved the Scheme of Arrangement under Sections 230-232 of the Companies Act, 2013. The demerger involves Himadri Speciality Chemical Ltd as the resulting company and Dalmia Bharat Refractories Ltd as the demerged entity. Shareholder and creditor approvals will be sought as part of the process.

📊 STOCKS: HIMADRI, DBRL | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Demerger