31-March-2026
Corporate News
 
Vedanta targets doubling $27 billion market cap through five-entity split: Report
30-Mar-2026

Vedanta Limited will break up into five separately listed companies early next month, Chairman Anil Agarwal said, pitching the long-delayed restructuring as a move that could significantly boost valuation and ease debt pressures, according to a report by the Financial Times. The Mumbai-listed group, with an enterprise value of about $37 billion, has been working on the demerger for several years as part of efforts to streamline operations and reduce its heavy debt burden. The plan had earlier faced resistance from the Indian government but was cleared after a legal challenge was overturned last year, the FT reported.

News Source:- https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/vedanta-to-split-into-five-companies-next-month-report/articleshow/129874502.cms