Vedanta rises over 3.50% after SBI reportedly gives the go-ahead to mining firm's demerger plan
In an important development for the company, State Bank of India has reportedly given its consent to the mining firm to separate its existing businesses into six independent companies. With SBI's approval, the company has received consent from most of the lenders. However, approval from some lenders is pending.
Vedanta is yet to receive approval for its demerger plan from some lenders. Photo: File