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@ Borosil Scientific
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What's happening @ Borosil Scientific
Stay updated with the latest unfoldings, announcements, company news and industry trends
Borosil Scientific makes strong debut after demerger
June 7, 2024

On June 7th, 2024, Borosil Scientific Ltd. achieved a significant milestone by listing on the stock exchange following a strategic demerger in December 2023. This demerger aimed to unlock the inherent value of its scientific and industrial products businesses, enabling each entity to pursue distinct risk-return profiles and capitalize on their respective cash flow potentials. This strategic move enhances flexibility in accessing capital, enables tailored growth strategies, and fosters specialization for sustained development. The bell-ringing ceremony at BSE, attended by stakeholders, marked a pivotal moment in celebrating this journey towards greater independence and focused growth in the evolving marketplace.

https://www.moneycontrol.com/news/business/markets/borosil-scientific-makes-strong-market-debut-after-demerger-12743642.html