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Vedanta mulling complete overhaul of its corporate structure

18 Nov 2021 Evaluate

Vedanta is mulling complete overhaul of its corporate structure, including demerger and listing of the aluminum, iron & steel, and oil and gas businesses as standalone entities to unlock shareholder value.

The company is evaluating all options, including demergers, spin-offs and strategic partnerships, and is looking at listing its aluminum, iron and steel, and oil and gas verticals as separate entities.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Peers
Company Name CMP
Hindalco Industries 940.00
Vedanta 255.00
Hindustan Zinc 561.60
Jain Resource Recycl 290.50
CMR Green Tech 221.35
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