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AB Nuvo to merge with Grasim; swap ratio at 100:30

AB Nuvo to merge with Grasim; swap ratio at 100:30 – Moneycontrol.com
The shareholders of AB Nuvo, for every 100 shares, will get 30 shares of the Grasim. Post the initial merger of the two companies, financial services business of the AB Nuvo will come into ABFSL, in which shareholders will get 210 shares.

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