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Grasim gets Rs 5,872 cr tax demand on its mega merger
Sat, Mar 16, 2019
The company said, DCIT had issued a show cause notice on February 11, 2019, subsequently revised on March 1, 2019, as to why the provisions of section 115-0 read with section 115-Q of the Income Tax Act, 1961 should not be applied on the allotment of equity shares by ABCL to the shareholders Grasim Industries, pursuant to the mega merger between the three entities.
News Live: HPCL, IndusInd Bank, Grasim among top gainers of the day, January 10th, 2019
Thu, Jan 10, 2019
This segment of Zee Business brings to you latest from Share market. HPCL, IndusInd Bank, Grasim were among top gainers of the day, January 10th, 2019. Watch full video to know more.
NCLT approves amalgamation of ABNL with Grasim, to list ABFSL
Tue, Jun 06, 2017
The National Company Law Tribunal (NCLT), bench at Ahmedabad, has approved the merger of Aditya Birla Nuvo (ABNL) with Grasim Industries to be followed by the listing of Aditya Birla Financial Services Ltd (ABFSL). The approved scheme has been filed with the BSE and the NSE.
Aditya Birla Nuvo to merge with Grasim; to demerge financial services business
Thu, Aug 11, 2016
The restructuring involves two steps namely merger of Aditya Birla Nuvo with Grasim Industries and demerger of its financial services business resulting in a listed financial services company.
Aditya Birla denies biggest restructuring plan, AB Nuvo shares down
Wed, Aug 10, 2016
The combined entity formed will have Aditya Birla prefix, unlike Idea Cellular and will hold stake in Ultra-Tech Cement, Aditya Birla Fashion and Retail.