Economic TimesLean R·
Vedanta ‘Fantastic 5’ unlocks ₹63K cr jackpot
Mining billionaire Anil Agarwal’s sweeping corporate restructuring of Vedanta Limited reached its climax today as the simultaneous mega listing of four newly carved-out units triggered a massive market re-rating, unlocking Rs 63,500 crore in shareholder value and delivering 22.5% return in less than 2 months.The demerger represents a decisive structural pivot aimed at erasing the steep conglomerate discount that has historically weighed on the commodities giant. Before the April 29 ex-date, Ved…
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