Moneycontrol News
Shares of CESC slipped 15 percent on Thursday on the back of announcement of restructuring plan.
The company has announced restructuring scheme which includes amalgamation of CESC Infra, Spencer’s Retail & Music World Retail with the company.
The company is going to list Haldia Energy, RP-SG Retail and RP-SG Business Process Services on the exchanges.
The equity shares of Haldia Energy, RP-SG Retail and RP-SG Business Process Services shall be listed on Calcutta Stock Exchange, BSE and Natioanl Stock Exchange of India post effectiveness of scheme.
The shareholders of the company will get shares in these listed companies in the same proportion as their holding in the company.
The company also announced stock …
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