Demergers in 2024: Key Highlights from ITC to Tata Motors
Demergers in 2024: Key Highlights from ITC to Tata Motors
The corporate landscape of 2024 has been marked by a series of high-profile demergers aimed at streamlining operations, boosting shareholder value, and sharpening focus on distinct business segments. Companies across industries are restructuring to adapt to evolving market dynamics.
ITC Limited: Spun off its hotels business into a new entity, with ITC retaining a 40% stake and shareholders holding the remaining 60%.
Quess Corp: Split into three entities—Digitide (GTS), Bluspring (OAM, PLB), and Quess (WFM and others).
Raymond Limited: Demerged its real estate division into RRL, a wholly-owned subsidiary.
Texmaco Rail & Engineering: Segregated operations into two entities, separating Texmaco from Belgharia Engineering Udyog.
Shankara Building Products: Divided operations into Shankara Building Products and Shankara Buildpro.
ABFRL: Transformed Madura Fashion & Lifestyle into an independent publicly listed company.
Tata Motors: Formed two entities for Commercial Vehicles and Passenger Vehicles, including EVs and JLR.
Siemens: Proposed a demerger of its energy business into a standalone entity.
This wave of demergers reflects a strategic shift towards agility and targeted growth, creating new opportunities for investors while enhancing operational efficiency across sectors.
