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Kesoram Industries plans to reorganize existing businesses

26 Jun 2014 Evaluate

Kesoram Industries is exploring options for reorganizing and realigning its existing businesses. In this regard, the company has constituted a core Committee comprising of three Directors, two of whom are Independent, to consider and evaluate steps that the company may need to pursue to implement such reorganization and realignment.

Kesoram Industries (KIL) is engaged in the manufacture of cement, tyres, tubes, rayon, paper, heavy chemicals and spun pipes. KIL is also listed on Societe de la Bourse de Luxembourg stock exchange.

Peers
Company Name CMP
Vardhman Textiles 556.30
Welspun Living 215.90
Arvind 538.90
Raymond Lifestyle 645.65
K.P.R. Mill 1121.30
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