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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Super Tannery Limited, at its meeting on 24th November 2025, has approved in-principle a proposal to demerger certain identified undertakings/business divisions of the company. The move is subject to further approvals from the Board, BSE, SEBI, NCLT, other competent authorities, and shareholders. To execute the demerger, the Board has proposed appointing professional advisors including legal counsels, tax consultants, and a Merchant Banker, along with a Registered Valuer to determine the share entitlement ratio. The meeting concluded at 5:00 p.m.
This is an early-stage announcement — the demerger has only been approved in principle and still requires multiple regulatory and shareholder approvals before taking effect. Shareholders should watch for future updates on the swap ratio and NCLT scheme filing, which will clarify actual value impact.