Vedanta halts group restructuring exercise
Vedanta Resources decided not to pursue the proposed group restructuring exercise in the wake of recent developments in the global financial markets and investor feedback.
By PTI |
MUMBAI: Anil Agarwal-promoted Vedanta Resources on Wednesday decided not to pursue the proposed group restructuring exercise in the wake of recent developments in the global financial markets and investor feedback.
However, in a statement issued by the company, Vedanta said that it "remains committed to simplifying and streamlining its corporate structure in the interests of all shareholders".
However, in a statement issued by the company, Vedanta said that it "remains committed to simplifying and streamlining its corporate structure in the interests of all shareholders".
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
