Vedanta plans to spin off businesses in a major overhaul, aiming to tackle its debt challenge. Read More>>
With substantial bonds due next year, Vedanta grapples with rising debt costs, prompting the urgent need for a corporate overhaul
Aluminium, oil and gas, iron ore, and steel businesses will be separately listed, while Vedanta Resources will remain the holding company
Vedanta faces challenges related to its intricate corporate structure and pledged stock in cash-generating units like Hindustan Zinc
Vedanta's debt woes persist, with bonds trading below 75 cents on the dollar, leading to ratings downgrades by Moody's
Vedanta Ltd. shares gained 2% in the early hours, signalling investor interest in the restructuring, while Hindustan Zinc shares experienced a slight decline
Streamlining operations may allow Vedanta to shed unprofitable assets and focus on newer ventures, such as semiconductors and display glass
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