Autobayng News Team
Vedanta’s consolidated borrowings stood at $2.85 billion at the end of September 2025.“>
Vedanta Group is set to split into five listed companies early next month as part of a restructuring programme aimed at reducing debt, according to a report by the Financial Times.
The report, citing an interview with Chairman Anil Agarwal, said the move marks a key step in the group’s ongoing reorganisation.
The National Company Law Tribunal had approved the demerger plan in December, paving the way for the restructuring. Following the split, Vedanta Limited will house the base metals business, while four other entities — Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy — will operate as separate listed companies.In an interview, Agarwal told the FT that the combined market capitalisation of the five entities could exceed the group’s current valuation of about $27 billion. He added that a private parent company controlled by him would retain roughly half the shareholding in each of the new businesses.The demerger plan, first proposed in 2023, had faced resistance from the government over concerns that a break-up could complicate recovery of dues.
Separately, Chief Financial Officer Ajay Goel had said in January that the company aims to list the four demerged units on Indian exchanges by mid-May.
Vedanta’s consolidated borrowings stood at $2.85 billion at the end of September 2025.
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