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Board decided to withdraw the Composite Scheme of Arrangement proposed in June 2026 for demerger of the Chemical business, citing insufficient scale. The demerger may be reconsidered once the business achieves greater financial strength.
Astral Limited Withdraws Composite Scheme Of Arrangement For Chemical Business Demerger
Astral Board Initiates Independent Review of Demerger Scheme And Appoints Advisor
Astral Board Approves Demerger Of Chemicals Business Into Astral Chemie
Astral Ltd Board Approves Composite Scheme to Demerge Chemicals Business