Astral Limited — Board Meeting, 25-06-2026: Outcome of Board Meeting

Astral's board approved a composite scheme: Demerger of its Chemicals Business (₹1266.3 Cr turnover, 21% of Astral's total) into a new listed entity, Astral Chemie. Shareholders get 1 Astral Chemie share for every 1 Astral share. Separately, 100% subsidiary Al-Aziz Plastics (₹37.3 Cr turnover) will merge into Astral for operational synergy.