Vedanta Limited is preparing to demerge its businesses into several listed entities as part of a broader restructuring plan. The company has informed its lenders of the restructuring, and businesses including aluminium, oil and gas, iron and steel will be listed as separate entities. The move to demerge could help Vedanta’s parent, Vedanta Resources, to manage its debt load. The restructuring plan’s success hinges on shareholder, lender, and regulatory approvals. However, it is important to note that these are recent news reports, and the situation may change in the future.
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Vedanta Limited has announced its intention to undergo organizational restructuring as a strategic measure to alleviate its debt burden.
Vedanta Limited has announced its intention to undergo organizational restructuring as a strategic measure to alleviate its debt burden.
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