Last month, Vedanta had announced that it has received approval from its shareholders and creditors for the demerger.

2024 S&P Global Ratings upgraded Vedanta Resources to "B" from "B-" after the parent company of Indian miner Vedanta Ltd secured minimum support needed for a debt restructuring plan. S&P upgrades ...

Vedanta's shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on Thursday, with nods from nearly all of its ...

Vedanta’s restructuring plan involves splitting the company into five distinct listed entities, Vedanta, Vedanta Aluminium Metal, Talwandi Sabo Power Limited, Malco Energy, and Vedanta Iron and Steel.

Vedanta Share Price: Shares of Vedanta gained around 2 per cent on Friday after the company got approval from creditors and shareholders for demerger. The company has proposed demerger into five ...

Vedanta has secured creditor approval for its demerger, surpassing the required 75% support with 83%. This restructuring will divide the company into five separate businesses, enhancing individual ...

Originally, the company planned to split its operations into six separate businesses after the demerger: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials ...

The rating agency has upgraded the corporate family rating of the company from B3 to B2. Moody's has also upgraded the rating on the senior unsecured bonds issued by Vedanta Resources to B3 from Caa1.

Shares of Vedanta are in news today after metal and mining firm said it has been declared as preferred bidder for a diamond mine in Madhya Pradesh. Vedanta stock closed 1.04% higher at Rs 438.05 ...

Q3 was a blockbuster quarter for the company – year-on-year growth of 10% in revenues, 30% in Ebitda, and 70% in net profit. In fact, Vedanta reported the highest Q3 operating profit in 11 ...