Chambal Fertilisers & Chemicals late on Monday said the restructuring committee of its board has appointed independent consultants to explore various options for restructuring its shipping business, reports Reuters.
The independent consultants will advise and assist the restructuring committee in this regard, the company said in a statement to the exchange.
Earlier in the month, the company said its board had approved constituting a committee, comprising of a majority of independent directors, to review restructuring of its shipping business.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.