Murugappa Group’s promoters are actively working towards a new family settlement. The goal is to resolve disagreements and facilitate a three-way split. Advisors are helping with a legally sound and tax-efficient separation structure. The evolving consensus includes right of first refusal on share transfers. Businesses with higher valuations will contribute proportionately.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.