Chambal Fertilisers and Chemicals

Chambal’s shipping biz demerger ratio fixed at 1:8, promoters hike stake

By: Editor | July 20, 2011

The board of Chambal Fertilisers and Chemicals approved the demerger of its shipping business to a subsidiary India Steamship. In March 2011, the company had announced its intention to restructure the shipping business and has now formalised the structure.

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Filed under: Companies, Shipping & Logistics, Top News, Chambal Fertilisers and Chemicals, demerger, M&A

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Chambal’s shipping biz demerger ratio fixed at 1:8, promoters hike stake

By: Editor | July 20, 2011