The 
de-merger scheme, as mooted by Rahul Bajaj on May 17, 2007, has finally won approval of shareholders and unsecured creditors of Bajaj Auto Ltd. (BAL) with an astounding majority. Accordingly the group will now split into three separate entities along with the creation of two new companies. Bajaj Auto will be de-merged to create Bajaj Auto Limited, Bajaj Holdings & Investments & Bajaj Finserv Ltd; these companies would focus on auto business, wind power & financial services. The shareholders of BAL would become shareholders of the new companies and would be issued shares in the ratio 1:1 for the two new companies.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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de-merger scheme, as mooted by Rahul Bajaj on May 17, 2007, has finally won approval of shareholders and unsecured creditors of Bajaj Auto Ltd. (BAL) with an astounding majority. Accordingly the group will now split into three separate entities along with the creation of two new companies. Bajaj Auto will be de-merged to create Bajaj Auto Limited, Bajaj Holdings & Investments & Bajaj Finserv Ltd; these companies would focus on auto business, wind power & financial services. The shareholders of BAL would become shareholders of the new companies and would be issued shares in the ratio 1:1 for the two new companies.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
For More IIPM Info, Visit Below....
IIPM Economy Review
IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
After CDMA, will nokia miss the 3G bus ?
Time for Awards at IIPM
STUDENTS AGAINST CORRUPTION & KICKBACKS : SACK
HRIC :- Human Resource Intelligence Cell
Heavy dut(t)y stress Sanjay Dutt Bollywood Actor
The Business of B-School Rankings & The Big Farce
36TH Full Time Programme In Planning & Entrepreneu...
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