Vedanta to split into five companies next month: Report
The Economic Times·2026-03-29 01:23
A tribunal approved the oil-to-metals conglomerate's plan to split into five listed entities in December.After the demerger, the company will operate as Vedanta Limited, housing its base metals business. Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy will be the four other entities.The combined market capitalisation of the five companies would be much higher than the conglomerate's current $27 billion, Agarwal told FT.A private parent company controlled by Agarwal will ...