Anil Agarwal's Vedanta Group is undergoing a significant restructuring of its Indian metals, mining, and energy conglomerate, Vedanta Ltd. This restructuring involves the demerger of its businesses into six independent companies, with plans to list five of them by FY25. The primary goal of this overhaul is to create independent "pure play" companies that can attract substantial investments for expansion and growth. Key points from the announcement: 1. Demerger of Businesses : Vedanta Group is splitting its businesses into six separate entities. This is aimed at streamlining the corporate structure and allowing each business to focus on its core operations. 2. Value Unlocking : The demerger is expected to unlock value for the company and its shareholders. By having independent entities, Vedanta hopes to draw more investments and accelerate the growth of each vertical. 3. Renaming of Promoter Group Entity : The main promoter group entity, Volcan Investments Ltd, has been...
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