Laurus Labs Hits Near 52-Week High! 📈

$LAURUSLABS Hits Near 52-Week High! 📈 Laurus Labs has announced a major milestone in its corporate restructuring plan. The NCLT has approved the Composite Scheme of Arrangement, paving the way for a streamlined corporate structure. 🔍 Key Restructuring Highlights: Demerger: A business unit from wholly-owned subsidiary Laurus Synthesis Pvt Ltd will be demerged into another wholly-owned subsidiary, Sriam Labs Pvt Ltd. Amalgamation: The remaining business of Laurus Synthesis will amalgamate directly into Laurus Labs Limited. Next Timeline: The scheme awaits its next NCLT hearing on September 10, 2026, for final consideration. 📊 Stock Performance & Market Reaction: Current Price: ₹1,700.70 (+6.21%) 🚀 Day's Range: Low: ₹1,617.10 | High: ₹1,702.30 (Near 52-Week High) Volume Spike: 44.32 Lakh shares (~6.2X average volume) This strategic restructuring aims to optimize operations and enhance long-term business efficiency.