Vedanta Ltd repays high-cost loan, reduces debt, and strengthens balance sheet with refinancing package and improved terms.
Vedanta demerger scheme involves the separation of Vedanta Ltd into five independent, sector-specific entities — Vedanta Aluminium Metal Ltd, Talwandi Sabo Power Ltd, Malco Energy Ltd ...
As part of the restructuring scheme, Anil Agarwal-led Vedanta will split its into 5 companies. Four new companies will take ...
Vedanta demerger: Shares of metals and mining major Vedanta Limited declined in trade on Tuesday, February 18, ahead of the meeting of its shareholders and creditors to decide on the proposed ...
After the completion of the arrangement, every Vedanta Ltd shareholder will receive an additional share in each of the four new companies on the completion of the demerger process. Which will be the ...
Last month, Vedanta had announced that it has received approval from its shareholders and creditors for the demerger.
Vedanta Base Metals will be retained in legacy Vedanta Ltd., and will not impact the scheme. The company reported a jump of 76% year-on-year in its consolidated net profit to Rs 3,547 for Q3 FY25.
The five entities from the split would include Vedanta Limited, which will house the company's base metals business, Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy.
The five entities from the split would include Vedanta Limited, which will house the company's base metals business, Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy.
Vedanta Limited ("VEDL" or "Company"), a subsidiary of Vedanta Resources Limited, is leading global natural resources conglomerate operating across India, South Africa, Namibia, Liberia ...
It is a subsidiary of Vedanta Limited, and is recognised as a industrial and market leader of zinc, silver and lead. The company is self-sufficient with respect to power and has captive thermal ...