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Reputation: 642,681  •  Aug 25, 2023 7:01 PM
Indian billionaire Anil Agarwal mulls listing Vedanta businesses separately
Indian billionaire Anil Agarwal mulls listing Vedanta businesses separately
Vedanta Ltd, an Indian conglomerate, is considering a separate listing for its various businesses. The company's chairman, Anil Agarwal, believes that this reorganization could lead to better returns and dividends for shareholders. Vedanta's parent company, Vedanta Resources, has been facing funding risks and struggles to meet debt obligations, prompting Agarwal to seek ways to simplify its corporate structure and raise funds.
The Economic Times

https://economictimes.indiatimes.com/industry/indl-goods/...
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