Aditya Birla Nuvo Grasim
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Aditya Birla Capital Shares Slip 5% On Debut
The stock slipped 5% on BSE from the listing price of Rs 261.20 to Rs 248.15 - its lowest trading permissible limit - for the day.
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AB Nuvo-Grasim Deal Not In Public Shareholders' Best Interests: Report
According to InGovern, partial demerger seems to have been "undertaken to with an intent to retain higher control while having low beneficial interest".
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AB Nuvo, Grasim Extend Losses, Over Rs 10,000 Crore Market Cap Shaved Off
Billionaire Kumar Mangalam Birla's decision to merge Grasim Industries and AB Nuvo, the two subsidiaries of Aditya Birla Group, has not got down well with investors. AB Nuvo shares, which had crashed 25 per cent on Friday, resumed their downward journey today, falling over 6 per cent.
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Aditya Birla Nuvo Sinks 25% On Merger Announcement With Grasim
Under the deal, shareholders of Aditya Birla Nuvo will get 3 shares of Grasim for every 10 shares of Aditya Birla Nuvo.
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Sensex Rallies 293 Points; SBI Earnings Trigger Surge In PSU Banks
Grasim and AB Nuvo will merge through a stock swap, following which the financial services business of AB Nuvo will be spun off and listed separately by May or June 2017.
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Aditya Birla To Spin Off Financial Services In Group Restructuring
Conglomerate Aditya Birla Group plans to merge its subsidiaries Grasim Industries Ltd and Aditya Birla Nuvo Ltd through a stock swap and spin off its financial services business, it said on Thursday.
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Aditya Birla Nuvo, Grasim Industries To Merge
In yet another consolidation exercise, the $41-billion Aditya Birla Group on Thursday announced plans to merge Aditya Birla Nuvo with Grasim Industries to create a nearly Rs 60,000-crore diversified entity that will be among the largest in India.
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Aditya Birla Nuvo To Merge With Grasim Industries
Aditya Birla Nuvo will merge with Grasim Industries and later the financial services business of Aditya Birla Nuvo will be folded into Aditya Birla Financial Services.
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Aditya Birla Nuvo Limited - Resignation of Director
Aditya Birla Nuvo Limited has informed the Exchange that Mr. K. K. Maheshwari, has resigned from the Board of directors of the Company w.e.f. May 20, 2010, consequent to his appointment as Whole time director on the Board of Grasim Industries Ltd.
-
Aditya Birla Capital Shares Slip 5% On Debut
The stock slipped 5% on BSE from the listing price of Rs 261.20 to Rs 248.15 - its lowest trading permissible limit - for the day.
-
AB Nuvo-Grasim Deal Not In Public Shareholders' Best Interests: Report
According to InGovern, partial demerger seems to have been "undertaken to with an intent to retain higher control while having low beneficial interest".
-
AB Nuvo, Grasim Extend Losses, Over Rs 10,000 Crore Market Cap Shaved Off
Billionaire Kumar Mangalam Birla's decision to merge Grasim Industries and AB Nuvo, the two subsidiaries of Aditya Birla Group, has not got down well with investors. AB Nuvo shares, which had crashed 25 per cent on Friday, resumed their downward journey today, falling over 6 per cent.
-
Aditya Birla Nuvo Sinks 25% On Merger Announcement With Grasim
Under the deal, shareholders of Aditya Birla Nuvo will get 3 shares of Grasim for every 10 shares of Aditya Birla Nuvo.
-
Sensex Rallies 293 Points; SBI Earnings Trigger Surge In PSU Banks
Grasim and AB Nuvo will merge through a stock swap, following which the financial services business of AB Nuvo will be spun off and listed separately by May or June 2017.
-
Aditya Birla To Spin Off Financial Services In Group Restructuring
Conglomerate Aditya Birla Group plans to merge its subsidiaries Grasim Industries Ltd and Aditya Birla Nuvo Ltd through a stock swap and spin off its financial services business, it said on Thursday.
-
Aditya Birla Nuvo, Grasim Industries To Merge
In yet another consolidation exercise, the $41-billion Aditya Birla Group on Thursday announced plans to merge Aditya Birla Nuvo with Grasim Industries to create a nearly Rs 60,000-crore diversified entity that will be among the largest in India.
-
Aditya Birla Nuvo To Merge With Grasim Industries
Aditya Birla Nuvo will merge with Grasim Industries and later the financial services business of Aditya Birla Nuvo will be folded into Aditya Birla Financial Services.
-
Aditya Birla Nuvo Limited - Resignation of Director
Aditya Birla Nuvo Limited has informed the Exchange that Mr. K. K. Maheshwari, has resigned from the Board of directors of the Company w.e.f. May 20, 2010, consequent to his appointment as Whole time director on the Board of Grasim Industries Ltd.
