ReferIndia News Shri Dinesh Mills Board Approves In-Principle Demerger of FELT Business Following Promoter Family Settlement

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Shri Dinesh Mills Board Approves In-Principle Demerger of FELT Business Following Promoter Family Settlement

Published on: April 30, 2026, 12:10 a.m. | Source: scanx.trade

Shri Dinesh Mills Limited announced board approval for demerging its FELT business into a separate listed entity following a family settlement agreement between promoter families. The restructuring involves segregation of business verticals, director resignations, and share transfers, requiring National Company Law Tribunal approval.

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