37729174-Demerger-of-Bajaj

37729174-Demerger-of-Bajaj - Demerger of Bajaj DEMERGER...

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Unformatted text preview: Demerger of Bajaj DEMERGER Division of a Company with two or more identifiable business units into two or more separate companies SECTION 2(19AA) of Income Tax Act, 1961. Partnering a deal with Kawasaki for instance to gain access to the distribution network that it enjoys in the Asean region and partnering with Taiwanese companies to gain access to the Chinese markets 1. At least 10 per cent of securities issued by a company was offered to the public through advertisement & following conditions were fulfilled: ( a ) minimum 20 lakh securities was offered to the public; ( b ) the size of the offer to the public Rs. 100 crores ; and ( c ) the issue was made only through book building with allocation of 60 % of the issue size to QIBs Or 2. It shall offer at least 25 % of each class to the public through Advertisement & Shares applied in pursuance of such offer were allotted CONDITION FOR LISTING (Rule 19 (2) (b) of SCR Rules) Bajaj Auto Ltd Company History Bajaj Auto Limited is India's largest manufacturer of scooters and motorcycles Origins The Bajaj Group was formed in the first days of India's independence from Britain Its founder Jamnalal Bajaj Type Public Founded 1945 Headquarters Pune, Maharashtra, India Key people Rahul Bajaj (Chairman), Rajiv Bajaj (Managing Director), Sanjeev Bajaj Aftermath of the unseemly fight between the Ambani brothers Bajaj senior perhaps feels its wiser to let sons Rajiv and Sanjiv have their own little empires to run Rajeevs Love for Sanjeev has motorcycles been more of & technology & has a numbers worked hard to build man, will Why Demerger 1) They can focus & strengthen on these core businesses and...
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37729174-Demerger-of-Bajaj - Demerger of Bajaj DEMERGER...

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