Last month, Vedanta had announced that it has received approval from its shareholders and creditors for the demerger.

Vedanta's parent company Vedanta Resources has reduced its debt to USD 4.9 billion - its lowest level in a decade.

MUMBAI, India--(BUSINESS WIRE)--Vedanta Limited (“Vedanta”) announced in an exchange filing that the resolutions listed in its Notice of Equity Shareholders, Secured Creditors, and Unsecured ...

The five entities from the split would include Vedanta Limited, which will house the company's base metals business, Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy.

Vedanta Ltd repaid a USD 900 million loan, achieving USD 550 million in deleveraging through refinancing and a QIP. The move ...

The company has been in focus due to its upcoming demerger into six entities. Shareholders of Vedanta will get five new ...

The NCLT Mumbai has rejected the demerger plan of Talwandi Sabo Power Ltd, a subsidiary of Vedanta Ltd, due to insufficient ...

The National Company Law Tribunal (NCLT) on Tuesday rejected the scheme of arrangement presented by Talwandi Sabo Power ...

Vedanta's promoters will maintain over 50% stake in each of its demerged entities, as the focus remains on creating pure-play ...

“Vedanta Limited has received approval from its shareholders and creditors for its proposal to demerge the company into five independent, sector-specific companies,” according to a stock ...

Vedanta demerger: Shares of metals and mining major Vedanta Limited declined in trade on Tuesday, February 18, ahead of the meeting of its shareholders and creditors to decide on the proposed ...