UpdatesScheme of Arrangement
Astral's board approved a Composite Scheme: demerging Chemicals Business (₹1,266.3 Cr turnover, 21% of total) into Astral Chemie, and amalgamating Al-Aziz Plastics (₹37.3 Cr turnover) into Astral.
Astral LimitedASTRAL · Filed with the exchange
Shareholders get 1 Astral Chemie share for every 1 Astral share.
Aims for focused growth and capital allocation.
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