Anil Agarwal, Chairman of Vedanta, stated that each of the four entities resulting from the company's planned demerger could potentially become a $100 billion company. In a letter to shareholders, Agarwal emphasized the benefits of the demerger, likening the current structure to 'trees under a banyan tree,' which struggle to grow. He noted that investments made in Vedanta five years ago would now be worth 4.7 times their original value. Agarwal also expressed optimism about the demerger process, expecting approval from the National Company Law Tribunal (NCLT) within four to six weeks. He highlighted that each new entity is projected to maintain the same EBITDA with approximately a 35% margin, reinforcing his confidence in India's growth trajectory and the company's future prospects.
Vedanta's Anil Agarwal expects NCLT nod for demerger in 4-6 weeks @ShereenBhan @jpullokaran https://t.co/oTkN2r99w9
#CNBCTV18Exclusive | Very excited about India’s growth and our demerger process. each of our business will have same EBITDA with about 35% margin, says #Vedanta Chairman Anil Agarwal https://t.co/HdKXfjTdPi
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