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Astral Shares Fall Over 6% After Demerger Plan; Chemicals Business To Be Listed Separately

As reported by NDTV Profit - Latest
Astral Ltd announced a major restructuring by demerging its chemicals business into Astral Chemie and merging Al-Aziz Plastics into Astral, leading to a stock drop over 6%
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Astral Ltd announced a major restructuring plan, demerging its chemicals business into Astral Chemie and merging Al-Aziz Plastics into Astral. This strategic move resulted in Astral's stock falling over 6%. The chemicals segment is slated for a separate listing.

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