Vedanta to Split into Five Listed Firms by April, Anil Agarwal Eyes Value Jump

• Natural resources major Vedanta is set to split into five separate listed companies as early as April, aiming to unlock significant shareholder value.
• The restructuring will carve Vedanta into independent entities spanning aluminium, zinc, oil and gas, steel, and power, giving each business a 'free hand to grow'.
• The move, in the works for several years, aims to simplify the complex corporate structure, improve investor visibility, and address valuation and leverage concerns.
• Post-demerger, the five new entities together will carry around $7 billion in debt, a notable step down in the group’s broader deleveraging effort.
• Founder Anil Agarwal believes the combined market capitalization of the five companies could significantly exceed Vedanta’s current valuation of roughly $27 billion, potentially doubling it.