20/2/2025, 4:03:03 pm

Vedanta demerger receives approval from shareholders and creditors

Vedanta's demerger into five sector-focused companies—specializing in aluminium, oil & gas, power, iron & steel, and zinc—gained 99.9987% shareholder and over 99.5% creditor approval. The move aims to enhance operational efficiency, attract specialized investors, and unlock value through better capital allocation and focused growth in respective industries.