"Max India Ltd is demerging its health & allied business and
specialty film business into Taurus Ventures Ltd and Capricorn Ventures
Ltd, respectively. Effective at the open of Wednesday, January 27, 2016,
Max India will be dropped from the indices," BSE said in a circular
issued on Thursday.
In all, Max India will be excluded from seven indices, including S&P BSE 200, S&P BSE 500, S&P BSE AllCap and S&P BSE Industrials.
Kansai Nerolac Paints and Syngene International will fill its slot in BSE 200 and BSE 500, respectively.
In all, Max India will be excluded from seven indices, including S&P BSE 200, S&P BSE 500, S&P BSE AllCap and S&P BSE Industrials.
Kansai Nerolac Paints and Syngene International will fill its slot in BSE 200 and BSE 500, respectively.
