BILT in restructuring mode
Gautam Thapar, Chairman, Ballarpur Industries Ltd, wants to restructure his flagship Ballarpur Industries and unlock value by creating different Special Purpose Vehicles (SPVs) and list them overseas. NDTV has learnt that the process is on and very soon a 2-tier structure will be in place. To begin with, the flagship company will get divided into four broad business units while real estate assets will be hived off into one entity.
