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Vedanta demerger gets vote of proxy advisory companies
As per Vedanta's revised December 2024 composite scheme of the arrangement, the demerger will result in the creation of five sector-focused entities - Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power and Vedanta Iron & Steel, while Vedanta Limited will hold both upcoming and some existing businesses not covered by the above four verticalised revenue streams.
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