Vedanta Board approves its demerger into 5 separate companies
The names of the five companies are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel as well as Vedanta Ltd and Hindustan Zinc Limited (HZL).
Vedanta shares gain as company gets approval to split into five separate entities
Vedanta Ltd has received a go-ahead from its shareholders and creditors for its proposed plan to demerge into five sector-specific units, each dedicated to aluminium (Vedanta Aluminium), crude oil (Vedanta Oil & Gas), power (Vedanta Power), ferrous products (Vedanta Iron and Steel) and silver and zinc (through itself, Vedanta Ltd, and HZL).
Vedanta demerger receives approval from shareholders, creditors
Vedanta Limited approved demerger into five sector-specific companies, creating global scale businesses with focused operations and market potential.
Vedanta shares rise after demerger approval from shareholders and creditors
Vedanta shares rise 1.99% after shareholders and creditors approve demerger into five entities, boosting investor confidence in restructuring and positioning the company for long-term growth.
Vedanta Creditors Clear Split of India Business Into Five Units
Vedanta Ltd.’s creditors and shareholders approved a long-standing plan to split the Indian mining conglomerate into five businesses, a step that will simplify the group’s structure and reduce its debt burden.
Indian miner Vedanta's shareholders, creditors clear way for five-way split
Vedanta's shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on Thursday, with nods from nearly all of its secured and unsecured creditors.
Vedanta Demerger Plan: Business split approved by 83% creditors; check new companies names
Vedanta Demerger Plan Creditors Vote, Vedanta Companies Names: Anil Agarwal's Vedanta Limited has secured creditors approval for the demerger or business split. Vedanta new companies names have been announced.
Vedanta shares rise after getting shareholders & creditors nod for demerger
Vedanta will be split into five resulting companies - Vedanta, Vedanta Aluminium Metal, Talwandi Sabo Power Limited, Malco ...
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Vedanta a re-rating candidate post demerger? Here is a scenario analysis
Post the demerger, existing Vedanta shareholders will receive one share each of the five new entities, which will have focus ...
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Vedanta's Bold Move: Splitting Into Five New Powerhouses
Vedanta Ltd announced its shareholders and lenders have approved demerging the firm into five distinct, sector-focused ...
For Vedanta, dividends and demerger delays play spoilsport
Vedanta has delivered over 50% return in the last one year but the ride has been bumpy. Its efforts towards deleveraging and ...
Vedanta Creditors Meet Tuesday to Vote on India Demerger Plan
Vedanta Ltd.’s creditors will meet Tuesday to give their final verdict on a plan to split the Indian mining conglomerate into ...
Vedanta demerger receives approval from shareholders and creditors
The demerger seeks to establish five independent, globally scaled companies specializing in aluminium, iron ore, copper, oil ...
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Anil Agarwal's Vedanta WINS bid for diamond mine in Madhya Pradesh- DETAILS
Vedanta Ltd on Friday announced that it has been declared the preferred bidder for a diamond mine in Madhya Pradesh. In a regulatory filing, the company stated that it is the highest bidder with a ...