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Demerger stock: Pharma company approves business split

Summary

Demerger Stock: Natco Pharma has announced the demerger of Natco Crop Health Sciences. Natco Pharma has set October 1, 2026, as the demerger date. The demeeger record date will be announced later.

Demerger stock: Pharma company approves business split
Demerger stock: Pharma company approves business split

Demerger Stock: Hyderabad-based pharma company Natco Pharma has announced a mega demerger plan. In an exchange filing recently, Natco Pharma announced that its board has approved a proposal to split its existing business into two separate entities.

Natco Pharma said that the demerger plan involves separating and listing its agrochemicals business -- Natco Crop Health Sciences Limited.

"The Board of Directors of NATCO Pharma Limited has approved a Scheme of Arrangement between NATCO Pharma Limited, Natco Crop Health Sciences Limited and their respective shareholders and creditors...," Natco Pharma said in a filing.

The demerger decision was taken after considering the recommendations of the Audit Committee and the Committee of the Independent Directors of the Company.

Demerger Stock: Natco Pharma Demerger Date

The Appointed Date under the Scheme is 1st October 2026, Natco Pharma said.

Natco Crop Health Sciences is a wholly owned subsidiary of Natco Pharma.

Demerger Stock: Natco Pharma Demerger Share Ratio

Natco Pharma has fixed the demerger ratio at 1:1. This means that one share of Natco Crop Health Sciences will be issued to the eligible shareholders of Natco Pharma. Natco Crop Health Sciences shares will carry a face value of Rs 2.

"Issuance of equity shares by the Resulting Company to all the shareholders of the Demerged Company in accordance with the Share Entitlement Ratio i.e., “1 fully paid up Equity Share of Rs 2 each of the Resulting Company shall be issued and allotted for every 1 fully paid up equity share of Rs 2 each held in the Demerged Company,” Natco Pharma said.

Demerger Stock: Natco Pharma Demerger Record Date

Natco Phara will announce a demerger record date to determine the eligibility of shareholders to whom shares of the resulting company will be issued.

After the demerger, Natco Crop Health Sciences will apply to the National Stock Exchange of India and BSE to list its shares.

Vedanta Demerger Date Extended Once Again

Natco Crop Health Sciences is engaged in the research, development, manufacturing, and marketing of a diverse portfolio of agrochemical products, including pesticides, insecticides, herbicides, and bio stimulants.
 

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