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Vedanta Limited

5 articles
Vedanta Limited is undergoing significant structural changes as it separates its metals businesses, highlighted by the recent filing of audited financial statements for both Vedanta Aluminium Metal and Vedanta Iron and Steel. Both subsidiaries reported net losses for fiscal year 2026, with liabilities primarily stemming from borrowings from the parent company. Crucially, both entities disclosed a demerger scheme effective May 1, 2026, signaling a strategic shift towards independent operations. Alongside these developments, Vedanta established a new subsidiary, Vedanta Property Platforms Limited, to focus on real estate activities, and has scheduled its annual general meeting for mid-July.