Topic
corporate restructuring
Finance RBI blocks Religare Enterprises' demerger, stalling Religare Finvest restructuring
RBI has declined no-objection to Religare Enterprises' proposed demerger of its financial services business into Religare Finvest, according to a filing dated Aug 7. The central bank's refusal, communicated Aug 6 and Aug 7, stalls a scheme that had cleared stock exchange scrutiny but was awaiting statutory approvals. The demerger had been approved by the boards on Feb 14, 2026.
Business Vedanta to Demerge Surplus Real Estate into Vedanta Property Platforms in Vertical Split
Vedanta, led by Anil Agarwal, announced a vertical demerger of its surplus real estate assets into Vedanta Property Platforms. Shareholders will receive one share of VPPL for every 20 Vedanta shares held. The portfolio includes 2,200 acres of industrial land and 55,000 sq ft of residential/commercial properties across five Indian states, with a potential future opportunity of ₹30,000 crore. The demerger requires NCLT approval, with regulatory filings expected in August 2026.
Business Anant Raj to Demerge Data Centre Business, Create Separate Listed Entity
Realty firm Anant Raj Ltd will demerge its data centre and cloud services business into a separate listed entity, Ashok Cloud Pvt Ltd, under a composite scheme of arrangement. The move aims to consolidate the data centre vertical and unlock shareholder value, as the company reported a profit of Rs 557 crore for FY2025-26.
Business Vedanta's Four Demerged Businesses List on Indian Bourses, Unlocking Rs 50,000 Crore
Vedanta Ltd completed a landmark demerger, listing four businesses — aluminium, oil & gas, iron & steel, and power — on bourses. The move unlocked over Rs 50,000 crore in market value, with Vedanta Ltd's market capitalisation reaching Rs 1.2 lakh crore at close.