Special Situation: Is There Value in the Upcoming GHCL Ltd Demerger?
Moneylife Digital Team 13 September 2021
GHCL Ltd is a diversified company making soda ash and sodium bicarbonate and yarn and home textiles products. In March 2020, the board of directors of GHCL had approved the scheme of demerger of its textiles division into a separate company, GHCL Textiles Ltd (GTL). Under the scheme, each shareholder of GHCL will be awarded one share of GTL for each share of GHCL held by the shareholder....
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