Vedanta mulls value-unlocking through separate listing of businesses

The board has also appointed various advisors to assist in evaluating the options, said the filing

In a bid to unlock value and simplify its corporate structure, Anil Agarwal-led Vedanta Limited on Wednesday said it had appointed a committee of directors to evaluate and recommend a range of options and alternatives, including demergers, spin-offs or strategic partnerships of its aluminium, iron & steel, and oil & gas businesses. The move comes more than a year after the parent company Vedanta Resources’ unsuccessful bid to take Vedanta Limited private.

Subject to a detailed evaluation, it is the intention that these businesses would be housed in standalone listed entities, Vedanta Limited said in an exchange filing.

“This step, whilst