Butterfly Gandhimathi public shareholders reject merger plan with Crompton

[ad_1] Butterfly Gandhimathi Appliances Ltd shares were trading 0.71% up in early morning trade today after its public shareholders voted “overwhelmingly” against the merger with Crompton Greaves Consumer Electricals Ltd.…

Concerns related to change in directorate may impact Crompton Greaves’ valuation: ICICI Securities

[ad_1] The exits by private equity investors as well as the senior management of Crompton Greaves Consumer Electricals Ltd raise concerns related to the continuation of its business strategy, which…