09-May-2025
Corporate News
 
Vedanta to complete the sale of its steel assets by March next year: Anil Agarwal
04-Oct-2023

Vedanta will complete the sale of its steel assets by March next year, its chairman Anil Agarwal said in an interview on Tuesday. The company began the review of its steel and steel raw material business — formed through the acquisition of ESL Steel in 2018 for Rs 5,230 crore — in June. Apart from ESL Steel, Vedanta’s steel business includes its domestic iron ore business and Liberia assets. The company has been looking to sell the assets to focus on its core mining businesses.

News Source:- https://www.financialexpress.com/business/industry-vedanta-to-complete-the-sale-of-its-steel-assets-by-march-next-year-anil-agarwal-3261921/