The National Company Law Tribunal (NCLT) has approved Raymond’s composite scheme of arrangement and restructuring, involving the demerger of its lifestyle business and the amalgamation of its consumer trading arm. The approval paves the way for a focused and streamlined corporate structure, separating Raymond Ltd and Raymond Lifestyle, with the integration of Ray Global Consumer Trading. Shareholders will receive equity shares based on the swap ratio post-restructuring.
Adani Total Gas shares surge 7% on securing largest global financing of $375 million
Adani Total Gas Share Price: The financing will accelerate ATGL’s City Gas Distribution (CGD) network infrastructure development program and the expansion is expected to cater