The Economic Times

Vedanta to split into five companies in April; Anil Agarwal says demerger to create phenomenal shareholder value: Report

Vedanta is preparing to split into five distinct listed companies next month. This significant restructuring aims to unlock substantial shareholder value. The demerger will allow each new entity greater autonomy for growth. Vedanta's market value is projected to increase considerably following this strategic move. The company's debt will also be managed across the new firms.