Try GOLD - Free
Vedanta's Anil Agarwal Unveils '3D' Strategy to Double Company's Size
Millennium Post Delhi
|New Delhi 11July2025
DEMERGER, DIVERSIFICATION & DELEVERAGING
NEW DELHI: Billionaire Anil Agarwal on Thursday outlined a bold vision to double the size of his mining conglomerate Vedanta, driven by a '3D' strategy focused on demerger, diversification, and deleveraging.
Addressing shareholders at the company's 60th annual general meeting (AGM), he said the company is confident that the demerger will happen before September and each of the demerged businesses has potential to grow into a $100-billion enterprise.
"Our 3D strategy, demerger, diversification and deleveraging, will enable us to double in size and unlock maximum value for our stakeholders," he said.
The Vedanta Ltd chairman also said the company is in advanced stages of restructuring its business.
"Our demerger proposal has received support from over 99.5 per cent of shareholders and creditors. This is a vote of confidence like no other.
"Once implemented, for every share held in Vedanta Ltd, each shareholder will receive one share in each of the four demerged companies," he explained. Replying to a shareholder during the AGM, Agarwal said that the company is confident that the demerger will happen before September.
This story is from the New Delhi 11July2025 edition of Millennium Post Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Millennium Post Delhi
Millennium Post Delhi
EC extends SIR timeline in six states, UT; no extension for Bengal
Draft rolls pushed to later dates as EC cites incomplete enumeration and pending ASD verifications
2 mins
Delhi 12 December 2025
Millennium Post Delhi
Delhi Cabinet expands Capital's revenue districts from 11 to 13
The Delhi Cabinet on Thursday approved a major restructuring of the Capital's revenue map, increasing the number of districts from 11 to 13 to make governance more streamlined, transparent and citizen-centric.
1 min
Delhi 12 December 2025
Millennium Post Delhi
Nighttime airstrike on hospital leaves 34 dead in Myanmar
An airstrike by Myanmar's military destroyed a hospital in an area controlled by a leading rebel armed force, killing 34 patients and medical staff, according to a local rescue worker and independent media reports on Thursday.
2 mins
Delhi 12 December 2025
Millennium Post Delhi
Modi, Trump hold phone conversation as India-US trade deal nears finalisation
Modi calls the exchange 'warm and engaging' and said both sides would work for global peace and stability
2 mins
Delhi 12 December 2025
Millennium Post Delhi
DGCA steps up IndiGo scrutiny; airline announces Rs 10,000 compensation
Aviation regulator DGCA intensified its supervision of Indi Go on Thursday as the airline continued to struggle with large-scale operational disruptions.
1 mins
Delhi 12 December 2025
Millennium Post Delhi
Central law on eviction of unauthorised occupants prevails over state rent laws: SC
Verdict clarifies retrospective application of 1971 law for government-owned properties
2 mins
Delhi 12 December 2025
Millennium Post Delhi
All eyes on Suryavanshi, ‘no handshake’ policy
UNDER-19 ASIA CUP
1 mins
Delhi 12 December 2025
Millennium Post Delhi
MCD steps up night ops against pollution
In a bid to counter rising pollution levels and improve air quality across the national capital, the Municipal Corporation of Delhi (MCD) has stepped up its nighttime antipollution operations across all major zones.
1 min
Delhi 12 December 2025
Millennium Post Delhi
Reserve Bank injects ₹50K cr liquidity via OMO
The Reserve Bank on Thursday injected Rs 50,000 crore liquidity through Open Market Operation (OMO) purchases of government securities.
1 min
Delhi 12 December 2025
Millennium Post Delhi
ISL clubs push for amendment in AIFF constitution as talks loom
AMEND COMMERCIALLY RESTRICTIVE CLAUSES'
2 mins
Delhi 12 December 2025
Listen
Translate
Change font size
