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Vedanta mulls value-unlocking through separate listing of businesses

The board has also appointed various advisors to assist in evaluating the options, said the filing

Topics
Vedanta  | Vedanta Limited | aluminium

Aditi Divekar  |  Mumbai 



Vedanta
Shares of Vedanta Limited on Wednesday ended at Rs 338.40 per share on the BSE, up 1.81 per cent from the previous close, taking the gains in November to over 11 per cent

In a bid to unlock value and simplify its corporate structure, Anil Agarwal-led Limited on Wednesday said it had appointed a committee of directors to evaluate and recommend a range of options and alternatives, including demergers, spin-offs or strategic partnerships of its aluminium, iron & steel, and oil & gas businesses. The move comes more than a year after the parent company Resources’ unsuccessful bid to take Limited private.
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First Published: Wed, November 17 2021. 20:01 IST

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