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Kesoram Industries gets nod to demerge rayon, transparent paper and chemical business

12 Apr 2022 Evaluate

Kesoram Industries’ (KIL) board of directors has considered the proposal of demerging its rayon, transparent paper and chemical business under its wholly-owned subsidiary Cygnet Industries into a separate company. It has set up a demerger committee to evaluate the proposal.

Kesoram Industries is engaged in the manufacture of cement, tyres, tubes, rayon, paper, heavy chemicals and spun pipes.

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