India's Vedanta to exclude base metals business from sweeping demerger
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2024
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Source: Reuters
Vedanta's Business Structure Decision: Indian miner Vedanta has decided not to create a separate listed unit for its base metals business after discussions with stakeholders and lenders.
Future Considerations for Demerger: The company will consider the demerger of the base metals business at a later date, while maintaining the share entitlement ratio for the demerger of its other five businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
