New Delhi, Dec. 23 -- Vedanta: Vedanta Ltd has revised its demerger plan, opting to retain its base metals division under the parent company. The decision came after consultations with stakeholders, including lenders, and approval by the board of directors. Initially, Vedanta had proposed splitting its business into six independent entities, one of which was the base metals segment. However, retaining this division within Vedanta was deemed more conducive to value creation and debt management. The base metals business includes copper operations in Thoothukudi, Tamil Nadu, which the company is working to revive.

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