The demerger is set to create six separate entities namely, Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals, and Vedanta Ltd. This move is aimed at unlocking the value of Vedanta’s business and attracting segment-oriented investors. The demerger is expected to have a short-term impact on Vedanta’s shares, but it is unlikely to have a significant long-term effect. The impact of Vedanta’s demerger on the stock market will become apparent once the market resumes trading after the Indian stock market holiday. In conclusion, the demerger announcement by Vedanta Limited aims to unlock the value of its business and target segment-oriented investors.

Source: Mint September 30, 2023 15:35 UTC