Five baby Vedantas will step into stock exchanges in May, three to bear most debt load

Vedanta is yet to finalize which resultant company will bear how much debt; however, each resultant company will get a share of Vedanta’s ₹60,624-crore net debt based on the value of their assets and their cash generation abilities, the management said.

Five baby Vedantas will step into stock exchanges in May, three to bear most debt load
Vedanta is yet to finalize which resultant company will bear how much debt; however, each resultant company will get a share of Vedanta’s ₹60,624-crore net debt based on the value of their assets and their cash generation abilities, the management said.

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