Press release
Anagram Partners acted as legal advisors to Vedanta Limited on a 10 billion restructuring of its key businesses.
The demerger was a simple vertical split, resulting into 5 newly listed companies:
• Vedanta Aluminium
• Vedanta Oil & Gas
• Vedanta Power
• Vedanta Steel and Ferrous Materials
• Vedanta Base Metals
The announcement comes at a time when India is seen among the world's fastest growing economies. The demand for minerals, metals, oil and gas and power expected to rise significantly as the country continues to build a world-class infrastructure. Vedanta's businesses are expected to service this rising demand and reduce reliance on imports.
Anagram Partners acted as the legal advisors to Vedanta Limited. The team was led by Partners, Shuva Mandal and Arka Banerjee and comprised Sanskriti Singh, Vidhisha Ambade, Ashana Shah and Averal Sibal.
For More Info :
https://www.vedantalimited.com/img/media_mentions/press_release/2023/vedanta-demerger-announcement.pdf
https://www.bloomberg.com/news/articles/2023-09-27/vedanta-is-said-to-prepare-de-merger-of-sprawling-operations?leadSource=uverify%20wall#xj4y7vzkg
https://anagrampartners.in/
Anagram Partners
407 Ceejay House, Dr. Annie Besant Road, Worli, Mumbai 400018, India
Anagram Partners comprises a team of motivated, commercially adept and technically abled lawyers who deliver exceptional legal services with meticulous attention to detail. Our firm is committed to being at the forefront of legal developments by constantly seeking out knowledge and staying ahead of the curve.
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