justicekar
9.9K posts

justicekar
@justicekar
Lawyer by Profession, Social Worker, Nationalist 🇮🇳

🔀 DEMERGERS IN 2026 Markets reward focused businesses with better P/E multiples than diversified conglomerates. 🏛️ Astral Ltd ✂️ Demerged Entity – Astral Chemie Ltd Board approved on June 25, 2026, to demerge the chemicals business (adhesives, paints, construction chemicals, specialty chemicals) into Astral Chemie Ltd on a 1:1 basis. Astral Chemie has already signed to acquire 60% stake in DSS (specialty chemicals) for 39.11 cr - signalling aggressive post-split growth intent. 🏛️ Astra Microwave ✂️ Demerged Entity – Astra Space Technologies Ltd Board approved demerger of its Space, Meteorology & Hydrology (SMH) business into a separate listed entity. Two independent listed companies targeting completion by Q1 FY28. Space business has executed 750 cr in ISRO orders with 250 cr in pending orders. Space & defence tech commands premium multiples globally. Pure-play listing unlocks sector-specific institutional capital that was inaccessible inside a microwave products company. 🏛️ BASF India ✂️ Demerged Entity – BASF Agricultural Solutions India Ltd Shareholders approved on June 24, 2026. Business covers crop protection - fungicides, herbicides, insecticides & seed treatment. Globally, BASF has been strategically exiting agchem, making this demerger structurally aligned with the parent's worldwide restructuring. Indian agchem trades at distinct multiples from industrial/specialty chemicals - standalone entity gets better peer-group benchmarking and valuation discovery. 🏛️ Pricol ✂️ Demerged Entity – Pricol Autotech Ltd Board approved demerger of the Driver Information & Connected Vehicle Solutions (DICVS) business - instrument clusters, connected vehicle tech, digital cockpit systems into Pricol Autotech Ltd. Residual Pricol retains Actuation, Control & Fluid Management Systems (ACFMS) and Precision Products. DICVS is a tech-forward, EV-friendly segment that deserves a structurally higher P/E than legacy auto components. Separation lets it independently attract EV-ecosystem investors. 🏛️ Natco Pharma ✂️ Demerged Entity – Natco Crop Health Sciences Ltd Board approved demerger of the agrochemicals business (pesticides, insecticides, herbicides, bio-stimulants). Appointed date on October 1, 2026. Shareholders receive 1 share of the new entity per Natco Pharma share held. Agrochemicals revenue 60.62 cr (just 1.48% of total) - still early-stage. Natco retains 20% stake to provide ongoing strategic support. A small but strategically distinct business that would remain buried inside a large pharma balance sheet. The 20% retention signals Natco's commitment to nurture it through early growth. 🏛️ Texmaco Rail ✂️ Demerged Entity – Texmaco Machines Ltd Infra-Rail & Green Energy divisions being spun into a separate listed entity. Legacy heavy engineering has historically suppressed valuations of newer, high-growth segments within Texmaco Rail. Rail infra and green energy are in secular demand driven by government capex cycles. Separation allows each entity to raise capital independently, aligned to its own growth trajectory. #vismaya #Demerger













Big ruling against fake SC/ST cases. Allahabad High Court has cancelled a case filed under the SC/ST Act, saying a simple rent dispute was turned into a criminal case to settle personal scores. The court said that without proof of caste based insult in public, letting the case continue would be misuse of the law.















