Vedanta Resources Chairman Anil Agarwal says promoters will retain over 50% stake in each demerged entity; debt reduction to ...
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ET Now on MSNVedanta demerger: How promoters shareholding will stack up in new companies after business split?Last month, Vedanta had announced that it has received approval from its shareholders and creditors for the demerger.
Vedanta Ltd's promoters will retain over 50% stake in its demerged entities to create focused companies that can capitalize ...
Vedanta strengthens balance sheet by repaying $900 million loan, reducing interest costs, improving terms, and achieving net ...
Vedanta has repaid a high-cost $900 million loan, reducing net debt by $550 million and saving $90 million annually in ...
The loan, taken by subsidiary THL Zinc Ventures in May 2023 at 13.9 per cent interest, was partly repaid using funds from ...
Vedanta Ltd repaid a USD 900 million loan, achieving USD 550 million in deleveraging through refinancing and a QIP. The move ...
On July 25, global rating agency S&P upgraded Vedanta Resources credit rating to B- from CCC+ on the back of improving capital structure and liquidity. "We believe Vedanta Resources Ltd has ...
Vedanta demerger to simplify structure and unlock value; Axis Securities anticipates completion by H2 FY26. Stay informed!
Vedanta has delivered over 50% return in the last one year but the ride has been bumpy. Its efforts towards deleveraging and improving cost-efficiency have frequently been overshadowed by hefty ...
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