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Astral shares drop 6% after demerger. What should investors do?

Posted on June 29, 2026
By Business News Today
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1 min read

Astral shares drop 6% after demerger. What should investors do?

Astral shares fell nearly 6% on Monday after the companys board approved the demerger of its chemicals business into a newly incorporated entity, Astral Chemie. According to an exchange filing, the Composite Scheme of Arrangement also includes Astral Limited and Al-Aziz Plastics. The stock hit a low of Rs 1,389 amid the development and approval process.