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Sharda Motor Industries to demerge "Automobile Seating undertaking"
On April 5, Sharda Motor Industries Limited (SMIL) announced demerger of "Automobile Seating undertaking" of SMIL into NDR Auto Components Limited (NACL). The Scheme provides for the demerger of Automobile seating Undertaking and transferring and vesting of the same in NACL on a going concern basis.
The Automobile S....
The Automobile S....
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