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Vedanta going ahead with demerger of businesses: Chairman Anil Agarwal

By Economic Times - 5 months ago
Vedanta Chairman Anil Agarwal announced at the 59th Annual General Meeting that the company is moving forward with the demerger plan to create six independent listed firms, unlocking significant value and allowing each entity to operate with autonomy while upholding Vedanta's core values. Shareholders will receive additional shares in the newly listed companies, with the company focusing on sustainable production of critical minerals and ongoing growth efforts across various projects.

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