TCI Express was established in 1996 as one of the foremost divisions of Transport Corporation of India (TCI). TCI Express started its independent operations on April 1, 2016, in-line with TCIL’s strategy of demerging the XPS division into a separate business entity.
Annual Report Review – FY19-20
Disclaimer: This is not a recommendation to Buy-Sell-Hold. This post is just for an educational purpose.
We have seen many companies are separating their business division to the different entities and many times, those different entities are getting managed differently. We also consider such step of the management as a shareholder-friendly and value creation for the shareholders of the company.
In this issue, I am going to explain what demerger is and how it can impact the financial of a company?
For Detail Issue, Click here —> SIMPLE IS BETTER – ISSUE -14 – DEMERGER
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