Shares of Nath Pulp & Paper Mills will turn ex-date on Thursday ahead of its merger with Rama Pulp & Papers. According to a scheme, Nath Paper and its unlisted arm Nath Chemicals will merge with Rama Pulp. Shareholders of Nath Paper will get one share of Rama Pulp for every two shares; Nath Chemicals’ shareholders will receive 1.8 shares of Rama Pulp for every one share. Those who wish to receive Rama Pulp shares need to buy Nath Pulp shares by Wednesday.
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