Mercator to consider Demerger opportunities

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Capital Market
Last Updated : Aug 14 2017 | 10:28 AM IST

Constitutes Special Committee of Directors

The Board of Directors of Mercator at their meeting held on 12th August 2017 have initiated a study to explore the possibility of demerger of business via restructuring of Shipping and Dredging business into separate entities which would facilitate value discovery, creation of focus entities with identified business objectives and opportunities to independently augment their growth plans. In this regard, the Board has constituted a Special Committee of Directors to consider the matter further.

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First Published: Aug 14 2017 | 10:10 AM IST

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