Economic TimesLean R·
Anant Raj demerger: Data centre arm to spin out as separate listed company, what lies ahead for 4 lakh shareholders
Anant Raj will demerge its data centre and cloud businesses into a separately listed entity, Ashok Cloud, enabling shareholders to directly participate in the digital infrastructure business. Eligible shareholders will receive two Ashok Cloud shares for every Anant Raj share held, subject to regulatory approvals and the record date announcement.
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