Vedanta Demerger Approval Expected

29 Apr 2024 CW Team

Lenders are expected to grant approval for the demerger of Vedanta Limited by the end of May. This development marks a significant step forward in Vedanta's restructuring plans and underscores the company's efforts to streamline its business operations.

The demerger of Vedanta is aimed at simplifying the corporate structure and unlocking value for stakeholders. Under the proposed restructuring, Vedanta Limited will be separated into two distinct entities, each focusing on different business segments to enhance operational efficiency and strategic focus.

The approval from lenders is crucial for the demerger process to proceed smoothly, as it involves restructuring existing debt arrangements and ensuring financial viability for both entities post-demerger. Vedanta has been engaged in discussions with lenders to address their concerns and secure their support for the restructuring plan.

The demerger of Vedanta is expected to create value for shareholders by enabling each entity to pursue its strategic objectives independently and capitalise on growth opportunities in their respective sectors. Additionally, the streamlined corporate structure is anticipated to enhance transparency, governance, and accountability within the organisation.

Vedanta's demerger plan reflects the company's commitment to delivering long-term value to its stakeholders and optimising its business operations for sustainable growth. As the approval process progresses, Vedanta remains focused on executing its strategic priorities and driving shareholder value through efficient and focused operations in line with market dynamics and evolving industry trends.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..