Vedanta splits into 5 firms, shareholders receive 4 per share
NewsBytes | April 30, 2026 4:40 PM CST
New Vedanta firms to focus independently
Each new company, like Vedanta Aluminium Metal Limited and Vedanta Iron and Steel, will be able to focus on its own business without juggling unrelated divisions.
The move also means some of the new firms will start almost debt-free, which could make them more appealing to investors, and help them grow faster.
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