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