positive
Recently
Vedanta Demerger: A Step Towards Focused, Independent Growth
Vedanta’s demerger aims to create focused companies, improving governance and enabling better valuations, with shareholders retaining ownership across the new entities.
Vedanta Limited’s demerger has received approval from the National Company Law Tribunal (NCLT), marking a significant transformation for the company. The demerger will split Vedanta’s diverse businesses, including Aluminium, Oil & Gas, Iron & Steel, and Power, into separate, focused listed companies. This move aims to enhance strategic focus, improve decision making, and allow each business to be independently valued.