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As part of the proposed demerger plan, Vedanta shareholders will receive one share each of 5 newly-listed entities for every one share held in the parent company. Is it the right time to buy/sell Vedanta Ltd. stock? MCap (? Cr.)
Last week, Vedanta Limited announced it will demerge and diversify its business into six separate entities ? Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals and Vedanta Ltd. 'My dream is to create 6 companies as big as Vedanta': Billionaire Anil ... businesstoday.in ? latest ? corporate ? story businesstoday.in ? latest ? corporate ? story
Impact of demergers on shareholders Ownership in the New Entity: In most demergers, existing shareholders of the parent company are given shares in the new, separate company. The number of shares they receive is usually proportional to their existing ownership in the parent company.
Vedanta share price target 2023: CLSA double-upgraded Vedanta to 'outperform' from 'underperform' but reduced its price target for the stock by Rs 25 to Rs 230. The brokerage is of the view that from an operational perspective, nothing is likely to change for the company in the near term owing to the demerger.
Last week, Vedanta Limited announced it will demerge and diversify its business into six separate entities ? Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals and Vedanta Ltd.