Sm recent developments in arb categories : -
- GHCL - Demerger scheme changed. Home textiles division sold to Indo Count. Only spinning part to be demerged now. Filings/details are latest posts on the relevant thread : -
- SCI - This seemed to slip under the radar ( atleast for me). The land\residential assets are demerged into separat co. & govt. also looking to divest the co. to private players. The value of non-core assets itself is slated at 200-230\share. Apart frm this the shipping biz itself is valuable & has seen interest from likes of Vedanta & Fairfax. The last update here is that all demerger approvals were received by mid-Nov & everythng is expected to wrap up by Mar’22.
Requesting @Tar , @shivammitra others to share inputs, or misses here, if any.
Disclosure : - Invested in scrips mentioned purely as arb play.