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Vedanta Chairman Anil Agarwal Says Group Is Financially Very Strong

Vedanta Chairman Anil Agarwal Says Group Is Financially Very Strong

 

Last week, Vedanta Resources announced a big restructuring plan to unlock shareholder value. The stock has surged over 11% since then, with market participants feeling optimistic that the 6-way demerger will help unlock value and be positive for equity holders. But what does this reorganization mean for bondholders, given that the group has never defaulted on its debt payments? Watch group Chairman Anil Agarwal in conversation with BTTV Managing Editor Siddharth Zarabi.

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