Demerger/Restructuring
Astral Ltd approves Composite Scheme of Arrangement
Astral Ltd's board approved a Composite Scheme of Arrangement to demerge its Chemicals Business (turnover ₹ 12,663 million; 21% of Astral's turnover for year ended Mar 31, 2026) into Astral Chemie Ltd and amalgamate Al-Aziz Plastics Pvt Ltd into Astral Ltd, subject to requisite statutory and stock exchange approvals.




