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S Chand's subsidiary Vikas Publishing hived off its printing business to a step-down subsidiary for 53 Cr.

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S Chand And Company LimitedSCHAND · Filed with the exchange

The deal involves 23 Cr cash and 30 Cr via Compulsory Convertible Debentures.

This business contributed 45.82 Cr to Vikas's turnover.

Read the original filing(PDF)

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