November 22, 2024 15:33 (IST)
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Vedanta debt to be divided among demerged firms in ratio of assets

Vedanta debt to be divided among demerged firms in ratio of assets

Mumbai: Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said.