Billionaire Anil Agarwal’s Vedanta Ltd is considering a demerger of its Aluminium, Iron & Steel and Oil & Gas businesses which will be run as standalone listed entities with separate leadership as part of its value unlocking process. The group is not a stranger to corporate restructuring, having merged in the 2018s and now proposing to demerge the businesses for value creation. Investors will have multiple benefits, said Vedanta’s chairman Anil Agarwal. He is currently in the Emirati kingdom for the Dubai Expo spoke to ET’s Satish John and Bhavya Dilipkumar.
