RP-Sanjiv Goenka Group to split flagship firm CESC into four units

RP-Sanjiv Goenka Group to split flagship firm CESC into four units

Sanjiv Goenka, chairman of RP-Sanjiv Goenka Group. Photo: Indranil Bhoumik/Mint

The RP-Sanjiv Goenka Group on Thursday announced a four-way split of its flagship firm, CESC Ltd, but shares of the power utility fell 15% after the restructuring plan was made public.

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