August 1, 2020 By:

GRASIM LIMITED: Demerger. 1. About Demerged company Aditya Birla Capital Limited. Aditya Birla Capital Limited (“ABCL” or “the Company”), formerly known. Here’s everything you need to know on the Aditya Birla Nuvo-Grasim merger and demerger scheme. I have Grasim share in my portfolio at price Rs. Due to demerger stock trading at Rs, then due to difference in price i have to book my.

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Baiju Kalesh and Satish John. Mon, Oct 05 Birla on Saturday told the board that the business needs more financial and strategic flexibility to tap the next stage of growth. Birla has presided over a group that has seen its cement capacity shoot up from 3. The group says it plans to add another 25 million tonnes in the next three-five years, to coincide with a planned increase in infrastructure spending.

Grasim demerger in line with growth plan – Livemint

That unification is expected in eight-nine months. The cement push began inwhen Grasim took over the cement business of the erstwhile Indian Rayon and Industries Ltd.


The move resolved the dilemma over which of the two—Indian Rayon or Grasim—would serve as the incubator for the cement business. Gupta, who completed the Indian Rayon transaction and is one of the key forces behind the new restructuring, has been with the group for 30 years.

Muthukumaran, head, group corporate finance. GE or Orkla Group of Norway use cash from low-growth mature businesses to fund high-growth new businesses. You take cash flows to build newer and newer businesses.

Grasim demerger: why the two-stage process?

drmerger Idea has cash of nearly Rs7, crore and can run on its own. Similarly, Nuvo is now funding the life insurance business, which over time will get the scale and profitability to become independent. Birla has broken some of the shackles, says Chokani. The strategy of an Indian conglomerate is quite unlike multinational companies operating in the country.

They concentrate on their core businesses and seldom stray outside it. Vallabh Bhansali, chairman, Enam Securities and a veteran investment banker, has done business with three generations of Birlas. He believes Kumar Mangalam Birla is not weighed down by any particular dfmerger. Birla is grasi, stranger to restructuring and has on occasions made bold moves that even involved selling businesses, something that Indian businessmen are traditionally reluctant to do. By the time Samruddhi is merged into UltraTech, economies of scale will kick in.


While taking on more debt could boost capacity addition, the company has targeted a conservative additional 25 million tonnes in three-five years to take it to 75 million tonnes.

Birla, would also come into the UltraTech fold.

Bhansali recounts a conversation he had with Birla in the past.