August 11, 2016

Aditya Birla Nuvo- Grasim Merger - Rejig ?

http://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/aditya-birla-group-rejig-may-lead-to-grasim-nuvo-merger/articleshow/53624883.cms

http://www.moneycontrol.com/news/business/market-reacts-to-newsa-possible-ab-group-rejig_7243981.html

Aditya Birla  Nuvo was earlier known as Indian Rayon.
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Blog Comments : Would there be another rejig later in Kesoram , Century , others ?

Kumar Mangalam Birla's Grandfather  Basant Kumar Birla ( 1921 born )  is 95 years ( still chairman of Kesoram , Century Enka etc )

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General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in AB Nuvo , Kesoram , Century Enka Companies ,  so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts before taking any investment decision.)

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1 comment:

Anonymous said...

Basant Kumar Birla is 95 + years old and still Chairman - Great.

We sincerely hope this time ( unlike Birla Corp Promters ) the Will is made properly.