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VERIFIEDET Stocks·neutral
Vedanta to demerge real estate business after 5-way split. What can shareholders expect?
AI Summary
- ·Vedanta will demerge its real estate business into a new entity, Vedanta Property Platforms.
- ·Shareholders will receive one share of Vedanta Property Platforms for every twenty shares of Vedanta they hold.
- ·The demerged real estate portfolio comprises significant land and property assets across India.