As part of the restructuring scheme, Anil Agarwal-led Vedanta will split its into 5 companies. Four new companies will take ...

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.

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

Vedanta Base Metals not a problem in value unlocking Earlier, the Vedanta Base Metals demerger was postponed by the company’s management to maximize the value of the business for shareholders.

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 ...

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 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 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 ...

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Vedanta Ltd.’s creditors will meet Tuesday to give ...

Collaborating closely with local authorities and community stakeholders, the company ensures its interventions lead to tangible socio-economic progress. Vedanta Aluminium, a business of Vedanta ...

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

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 ...