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Vedanta debt to be divided among demerged firms in ratio of assets

Vedanta had in September last year announced the creation of demerger of metals, power, aluminium, and oil and gas businesses to unlock potential value ....

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Vedanta debt to be divided among demerged cos in ratio of assets

Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said. ....

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Latest News | Vedanta Debt to Be Divided Among Demerged Cos in Ratio of Assets

Get latest articles and stories on Latest News at LatestLY. Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said.
Latest News | Vedanta Debt to Be Divided Among Demerged Cos in Ratio of Assets. ....

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