Emami’s Solar Unit Demerges from its Cement Business
The demerger is in line with the company's plan to list the cement business on the Indian stock exchange
December 26, 2018
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The Kolkata bench of the National Company Law Tribunal (NCLT) has approved the request made by Indian conglomerate Emami Group to demerge its solar power business (Emami Power) from the cement business (Emami Cement Limited).