Section

Vedanta’s demerger plan in final stages, but debt woes loom large

By Economic Times - 2 weeks ago
Vedanta is moving forward with its plan to separate its businesses into distinct publicly traded companies by the end of FY25. This move aims to unlock value and enhance sector-specific focus. However, the demerger is unlikely to immediately address Vedanta's substantial debt burden, exceeding $4 billion.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.