Thursday, January 21, 2016

MAX India Ltd

"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.