Corporate and Financial Restructuring: Case Study on Aditya Birla Group

This paper tries to explain the importance of corporate and financial restructuring with the help of a recent case of merger and demerger in the country. In this paper the meaning of corporate and financial restructuring is covered along with some basic concepts regarding them. Corporate Restructuring is a non-recurring exercise for an organisation but it has a lasting impact on the business and other concerned agencies due to its numerous considerations and immense advantages viz., improved corporate performance, better corporate governance etc. Financial restructuring is a process of rearranging the financial structure to avoid the liquidation.