Vedanta founder Anil Agarwal backed PM Narendra Modi’s push to protect India’s foreign exchange, linking it to lower fuel use and smarter consumption. After Modi urged citizens to shift to public transport, Agarwal said one path is “to consume less,” while the other is “to produce more,” signaling Vedanta’s commitment to support the country’s forex goals.
Vedanta Limited says its demerger will become effective in May 2026, creating standalone businesses designed to unlock value. Chairman Anil Agarwal points to strong FY26 earnings, improving profits, and expansion plans across multiple segments as signals of sustained long-term growth. The move is positioned as a strategic reset to broaden scale and sharpen focus across operations.
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Vedanta’s demerger plan is running into new hurdles as the deadline nears, putting pressure on Anil Agarwal’s team. The split is seen as critical to tackling debt and governance concerns while unlocking shareholder value. With the clock ticking, the Agarwals will need to push through the latest obstacles to keep the plan on track.
Lok Sabha MP Naveen Jindal has come out in support of Vedanta chairman Anil Agarwal after a fatal boiler blast in Chhattisgarh. Jindal questioned why Agarwal was named in the FIR, saying the probe must follow due process and consistent standards for private sector accountability, with a thorough investigation to establish responsibility for the tragedy.
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