Law

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rishika kansal (Querist)
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08 July 2010 hi guyz this is rishika here
i have a query so please help me out

does the resultant company need to be listed after demergerof a public limited company?

And how does it go about it

regards
rishika

Ankur Garg

Ankur Garg (Expert)
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08 July 2010 Hello,

As per my understanding Listing of any company on STX is not mandatory in any condition. It is totally a management decision.

Other expert views solicited.

Thanks

Srikant

Srikant (Expert)
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08 July 2010 After Demerger, the resultant Company may be a Private Limited Co, may be a Public Ltd Co.

And It is upto thye management to decide what will be the status of the resultant Co.

But So far as Listing is Concerned, you have to see the Resultant Company is Public or not.
Once it fulfills all the Criteria to become a Public Ltd. Co, then you go for listing.

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