M&A Critique

Promoters of DCM Shriram Industries are on their way to segregate their businesses with Streamlined Promoter Holding

The Board of Directors of DCM Shriram Industries Limited approved a Composite Scheme of Arrangement (“Scheme”) which inter-alia provides for separation of Rayon & Chemical undertakings into respective separate companies along with streamlining the promoter structure.

DCM Shriram Industries Limited (“DCM” or “Demerged Company”) was incorporated in 1989 is engaged in the manufacturing of sugar, al...

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Aniruddha Jain