Jubilant board okayss polymer, agri biz demerger

摘要

JUBILANT Organosys recently said its board has approved to de-merge its agri products and performance polymer divisions to Jubilant Industries, a wholly-owned subsidiary of the company. Shareholders of Jubilant Organosys will get one additional share of Jubilant Industries for every 20 shares held in the pharmaceutical company, it said in a statement.