DCM Shriram transfers unit

摘要

DCM Shriram Consolidated Ltd (DSCL) is transferring one of its business units - Shriram PolyTech to its wholly-owned subsidiary SBM Yarn Ltd. The board of DSCL approved the transfer of Shriram PolyTech, on a going concern basis, which will be effective March 15, the company said in a note.