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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