GHCL Ltd divesting home textiles business to Indo Count Industries Ltd for Rs 596 crore

GHCL Ltd divesting home textiles business to Indo Count Industries Ltd for Rs 596 crore The company, one of the leading manufacturers of soda ash, had initiated the process of carving out its textiles business into GHCL Textiles Ltd, in order to segregate both businesses and to have two separate listed entities with mirror shareholding.

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