Decoding Vedanta's demerger plan
Edited By WION Video Desk
Published: Sep 29, 2023, 21:50 IST | Updated: Sep 29, 2023, 21:50 IST
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Billionaire Anil Agarwal's Vedanta limited has announced plans to overhaul its sprawling conglomerate in a bid to reduce a multibillion dollar debt load. The company said in a statement that the Vedanta board has approved a plan to separate the business into six listed companies: aluminum, oil and gas, power, steel and ferrous, base metals and Vedanta limited.
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