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Vedanta's plan to demerge businesses may face hurdles from shareholders, creditors: Report

By Economic Times - 4 months ago
Vedanta's plan to demerge its businesses into separate entities may encounter challenges from its minority shareholders and creditors, according to a report by Credit Sights, a FitchSolutions Company. The mining conglomerate announced the demerger of five key businesses, including aluminium, oil and gas, and steel, on September 29.

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