GENERAL Veranda Fixes Oct 6 As Record Date For Commerce Vertical Demerger

Veranda Learning Solutions Ltd has fixed October 6, 2026, as the record date to determine shareholders eligible to receive equity shares of J.K. Shah Commerce Education Ltd (JSCEL), following the Composite Scheme of Arrangement sanctioned by the National Company Law Tribunal (NCLT), Chennai Bench. 1:1 share entitlement Under the sanctioned scheme, eligible shareholders of Veranda […]

CW Bureau · Sep 24, 2026

HOSPITALITY Lemon Tree Hotels Gets NSE, BSE Clearance For Composite Merger

Lemon Tree Hotels Ltd has received no-objection letters from the National Stock Exchange and Bombay Stock Exchange for its proposed Composite Scheme of Arrangement, paving the way for the company to submit the draft scheme to the National Company Law Tribunal. The regulatory clearance is an important step in the restructuring announced by the company […]

CW Bureau · Sep 23, 2026

RETAIL/FMCG Lux Industries Enters New Growth Phase Through 3 Demerged Verticals

Lux Industries Ltd, one of India’s largest hosiery manufacturers, is focusing on margin recovery, tighter working capital management and cost rationalisation as it enters FY27. The company is also looking to leverage investments made in brands, manufacturing and technology to strengthen its position in the mid-premium hosiery segment. Lux has an annual production capacity of […]

CW Bureau · Sep 3, 2026

GENERAL Vedanta To Demerge Surplus Real Estate Assets Into Separate Company

Vedanta Ltd, India’s largest diversified natural resources company, has announced plans to demerge its surplus real estate assets into a separate entity, Vedanta Property Platforms Ltd (VPPL), to unlock value for shareholders. The proposed demerger comes within three months of Vedanta completing its five-way restructuring, which resulted in the listing of four new independent entities […]

CW Bureau · Jul 30, 2026

AUTO Pricol To Demerge Driver Information Business Into New Co Pricol Autotech

Pricol Ltd, a leading automotive technology and precision engineering products and solutions company, has approved the demerger of its Driver Information & Connected Vehicle Solutions (DICVS) business into Pricol Autotech Ltd, creating two independent listed business platforms. Following the demerger, Pricol will focus on its Actuation, Control & Fluid Management Systems (ACFMS) and Pricol Precision […]

CW Bureau · Jun 27, 2026

MANUFACTURING Raymond Starts Second Century With Demerger-Led Transformation

Raymond Ltd, has entered its second century with a transformed corporate structure following the demerger of its three independently listed entities as Lifestyle, Real Estate and Engineering businesses. It is a move that the flagship company of the Raymond Group describes it as the most consequential strategic decision in its recent history. The restructuring is […]

CW Bureau · Jun 23, 2026

RETAIL/FMCG Lux Industries Demerger: 3-Way Split To Sharpen Focus, Benefit Investors

The proposed trifurcation of Lux Industries Ltd (LIL) marks a significant structural shift, with implications extending beyond a routine demerger. For shareholders, the move presents a mix of potential value unlocking, improved governance clarity and sharper operational focus, alongside execution risks. The Kolkata-based innerwear major plans to split into three vertically aligned businesses following a […]

CW Bureau · Apr 24, 2026

MANUFACTURING Jindal Poly Films Drop Demerger Plan Citing Delays, Market Uncertainty

Jindal Poly Films Ltd (JFPL) has decided to voluntarily withdraw its application related to the demerger of non-woven fabrics business division into its subsidiary with Global Nonwovens Ltd in view of procedural and regulatory delays along with geopolitical uncertainties. Withdrawal limited to regulatory filing The company clarified that the withdrawal pertains only to the application […]

CW Bureau · Apr 10, 2026

HOSPITALITY NCLT Gives Nod To Apollo Hospital’s Demerger, Creditors Meet On May 16

The National Company Law Tribunal (NCLT), Chennai Divisional Bench, has accorded approval for the proposed composite scheme of arrangement involving Apollo Hospitals Enterprise Ltd (AHEL) and its group entities, paving the way for a major restructuring of its pharmacy and digital health businesses. The scheme entails the demerger of AHEL’s identified businesses into Apollo Healthtech […]

CW Bureau · Apr 3, 2026

HOSPITALITY Thomas Cook Board Clears Demerger Of Resorts Biz Into Sterling Holiday

The board of Thomas Cook (India) Ltd (TCIL) has given its in-principle approval for the demerger of its Resorts and Resort Management business into Sterling Holiday Resorts Ltd (SHRL), along with a subsequent capital restructuring of the former. The proposal is subject to final approval from the National Company Law Tribunal (NCLT). The demerger will […]

CW Bureau · Mar 21, 2026