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AB Group top officials meeting investors to allay rejig concerns

Sources say top Birla officials are meeting large shareholders of Grasim and AB Nuvo and reviewing their feedback. The process is likely to go on for few more days.

August 19, 2016 / 12:37 IST
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The AB Group has mounted a massive investor outreach to allay concerns about the plans to rejig the group, reports CNBC-TV18.

Sources say top Birla officials are meeting large shareholders of Grasim and AB Nuvo and reviewing their feedback. The process is likely to go on for few more days.

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AB Nuvo shareholders are said to be against the plan of financial services being folded into Grasim and proposed independent structure for that business.Watch video for more...

TAGS: #AB Birla Group #Aditya Birla Nuvo #CNBC-TV18 Comments #Grasim Industries #rejig #shareholders
first published: Aug 19, 2016 11:04 am

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