Sri Lakshmi Saraswathi Textiles Arni Ltd to explore unit-wise demerger

The Board of Directors of Sri Lakshmi Saraswathi Textiles Arni Ltd at its meeting held today had discussions to explore the possibilities to Demerge the Company unit wise for better functioning and profitability.

Shares of SRI LAKSHMI SARASWATHI TEXTILES (ARNI) LTD. was last trading in BSE at Rs. 43.55 as compared to the previous close of Rs. 41.50. The total number of shares traded during the day was 2543 in over 13 trades.

The stock hit an intraday high of Rs. 43.55 and intraday low of 40.05. The net turnover during the day was Rs. 107407.00.

Source : Equity Bulls

Keywords

SRILAKSHMISARASWATHITEXTILESARNI INE456D01010 Demerger