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tata motors: ET Prime Special Series: Multibagger or IBC - Part 75: Delisting, merger, demerger: Long restructuring story of one auto ancillary - The Economic Times
Last week's auto-ancillary story dealt with another major participant in the same broad industry. This week's business is dramatically narrower. It operates from one manufacturing location, derives almost all product sales from one safety-critical category and is 75% promoter-owned. Yet it has survived multiple attempts to change its listed status and corporate structure. Its latest disclosures raise another important question: Where exactly does the listed business end and the wider MNC group's business begin?
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