Today news
About the same in other media
Sterlite Power gets shareholders, creditors’ nod for demerger of transmission business
Reading now: 430
Vedanta group company's manufacturing arm, Global Products & Services, produces power transmission components, including conductors, power cables, and overhead wire cables.In an interview with Mint in March Agarwal had said post the demerger, SPTL may explore a public listing as part of its fundraising plans.The company statement said the demerger will be implemented through a National Company Law Tribunal (NCLT) scheme. Upon completion of the demerger process, all SPTL shareholders will hold identical shareholdings in both companies.The company has a portfolio of 33 completed, sold and under-construction power transmission projects covering approximately 16,529 circuit kms of transmission lines across India and Brazil.
Read more on livemint.comAbout this in other media
IIFL Securities hires top Private Bankers to transform its Wealth Business livemint.com /6 months ago
Stock market update: Power stocks down as market rises economictimes.indiatimes.com /6 months ago
Peak power demand at record high of 246.1 GW on Wednesday economictimes.indiatimes.com /6 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
