Feb 20 (Reuters) - Vedanta's (VDAN.NS), opens new tab shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on ...

MUMBAI, India, February 20, 2025--(BUSINESS WIRE)--Vedanta Limited ("Vedanta") announced in an exchange filing that the resolutions listed in its Notice of Equity Shareholders, Secured Creditors ...

Vedanta has secured creditor approval for its demerger, surpassing the required 75% support with 83%. This restructuring will divide the company into five separate businesses, enhancing individual ...

Mining conglomerate Vedanta Ltd said on February 20 that its proposed demerger scheme has received approval from its equity shareholders, secured creditors, and unsecured creditors. The overhaul ...

The move aligns with Vedanta's broader deleveraging strategy. As of December quarter, its net debt-to-EBITDA ratio improved to 1.4x from 1.9x in Q1 FY24, with a 1x medium-term target. The loan, taken ...

Vedanta Share Price: Shares of Vedanta gained around 2 per cent on Friday after the company got approval from creditors and shareholders for demerger. The company has proposed demerger into five ...

Meanwhile, Vedanta secures approval for its mega demerger ... with a 5,000 crore push for cutting-edge research. Watch! Pune bus rape: Suspect was out on bail, Rs 1 lakh reward announced ...

Mumbai The shareholders and creditors of Anil Agarwal-led Vedanta have approved the demerger of the company’s business into four distinct entities. The demerged companies are Vedanta Aluminium ...