Board approves scheme to merge subsidiaries and demerge manufacturing unit
GSPCROP · price
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Board approved a scheme of arrangement on July 2, 2026. It merges wholly owned subsidiary Rajdhani Petrochemicals (total income about INR 124.5 crore) into GSP Crop Science and demerges the manufacturing undertaking of GSP Intermediates (turnover about INR 28.3 crore in FY26) into the listed company. Appointed date is April 1, 2026. No new shares will be issued and there is no cash consideration, so shareholding pattern stays unchanged. The aim is to streamline the group structure and capture operational synergies.
Internal restructuring with no share dilution. Consolidation is expected to improve efficiencies and reduce compliance costs over time.