Vedanta to split into five listed companies next month

​Vedanta will break up into five listed ‌companies early next month under ​a years-long restructuring programme ⁠aimed at reducing debt, the Financial Times reported on Saturday, citing an interview ‌with Chairman Anil Agarwal.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 E ...