Vedanta Announces Major Demerger of 15 Commodities to Transition from Asset Manager to Asset Owner

Vedanta Limited is set to undergo a significant transformation through a proposed demerger of its diverse verticals, which represent more than 15 commodities. Chairman Anil Agarwal announced that this move will transition the company from being asset managers to asset owners. The demerger aims to streamline operations and enhance the company's focus on its core assets. Anil Agarwal referred to this as a 'BIG UPDATE' for the company.