Not necessary to have some business of its own, it can show the dividends, sales of subsidiaries as w.r.t it’s holding… I guess. there are these two kinds 1) just act as hold co examples maharastra scooters, bajaj Holdings, Ujjivan Financials the other examples likes of Kama Holdings, Hercular Hoists etc.
The listing date has come… from today the aluminum casting division is going public.
SUNCLAY.pdf (1.5 MB)
Can anyone tell me what’s happening in this counter?
It’s present in my investment portfolio… I’ve checked after many months and found now I’m having shares of both the companies
Tvs holding & sundaram clayton
Initially I’d brought only sundaram clayton, under demerger what’s the ratio?
Was it 1:1?
yes the demerger ratio is 1:1, TVS holdings holds TVS motor company shares, Sundaram clayton does aluminum casting business.
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