Notably, the company informed the exchanges that its board has approved a scheme to demerge its chemicals business into a ...

Astral Limited ( (IN:ASTRAL)) has issued an update. Astral Limited’s board has initiated a comprehensive independent review of its recently approved composite scheme of arrangement involving Astral ...

Astral Ltd announced a major restructuring by demerging its chemicals business into Astral Chemie and merging Al-Aziz ...

An update from Astral Limited ( (IN:ASTRAL)) is now available. Astral Limited’s board has initiated a comprehensive reassessment of its recently approved Composite Scheme of Arrangement involving ...

Astral demerger ratio is set at 1:1. This means subject to the necessary approvals, Astral shareholders will receive shares ...

The stock dropped as much as 9.3 per cent to an intraday low of Rs 1,349 on the NSE, compared with its previous close of Rs 1 ...

The demerger will consolidate Astral's entire chemicals portfolio under Astral Chemie, including the paints and coatings ...

Shares of Astral tumbled more than 9% on June 29, touching a five-month low of Rs 1,339 apiece, after the company approved the demerger of its chemicals business into its wholly-owned subsidiary, ...

Another brokerage firm CLSA said the demerger is unlikely to have a meaningful impact on the stock in the near term, adding ...

On Tuesday, credit rating agency Crisil also revised Astral's long-term bank facilities' credit rating to Crisil AA/positive ...