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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Vedanta to demerge into six listed companies · Endata

◂ Announcements

Sep 29, 2023ACQUISITIONIndia

Vedanta to demerge into six listed companies

Vedanta Ltd announced plans to demerge five of its key businesses (aluminium, oil & gas, power, steel and ferrous materials, base metals) into separate listed entities, with shareholders receiving one share in each new company for every share held.

Status

Announced

Productsaluminiumoil and gaspowersteel and ferrous materialsbase metals

CompaniesVedanta

Sectors#Steel and Metal Products #Specialty Chemicals

“By demerging our business units, we believe that will unlock value and potential for faster growth in each vertical.”news18.com

1 source
news18.comVedanta To Split Business Into Six Listed Ventures Through Demerger | Business News - News18Namit Singh SengarSep 29, 2023

Summarized from public sources; check the original articles before acting on it.

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Jul 28, 2023INVESTMENTIndiaops Jan 2026
Vedanta to start chip making in 2.5 years
Vedanta business-standard.com
Jul 10, 2023CLOSUREGujarat, India$19.5B
Foxconn withdraws from semiconductor joint venture with Vedanta
Foxconn Vedanta partner displaydaily.com apnews.com ndtvprofit.com
Jul 7, 2023ACQUISITIONIndia
Vedanta to take over Foxconn chip joint venture from holding company
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