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Reputation: 642,713  •  Sep 28, 2023 12:06 PM
Vedanta Ltd. is preparing to de-merge sprawling operations
Vedanta Ltd. is preparing to de-merge sprawling operations
Vedanta Ltd. is reportedly considering a restructuring plan that would involve spinning off its businesses into separate listed entities. The move is aimed at helping Anil Agarwal, the tycoon behind the company, manage its debt load. The businesses that could be separately listed include aluminum, oil and gas, iron ore, and steel.
The Economic Times

https://economictimes.indiatimes.com/news/company/corpora...
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