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
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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
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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
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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
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Mar 21, 2026