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 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 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 ...

The company had held separate meetings with shareholders, secured creditors and unsecured creditors on February 18 to seek approval for the proposed demerger. (Reuters) Vedanta has been making ...

Vedanta Limited ("VEDL" or "Company"), a subsidiary of Vedanta Resources Limited, is leading global natural resources conglomerate operating across India, South Africa, Namibia, Liberia ...

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.

Vedanta shares fell over 6 per cent today after French financial services firm Societe Generale sold shares in the company via open market transactions. Vedanta stock slipped 6.39 per cent to Rs ...

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 ...