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Do you think this is a good call? Billionaire Anil Agarwal-owned Vedanta Limited on September 29 announced the creation of independent verticals through the demerger of underlying companies. The company said in its filing that the demerger is planned as a vertical split. For every 1 share of Vedanta Limited, the shareholders will additionally receive 1 share of each of the 5 newly listed companies. After the demerger, the group will have six separate entities listed which are: Vedanta Aluminium Vedanta Oil & Gas Vedanta Power Vedanta Steel and Ferrous Materials Vedanta Base Metals Vedanta Limited Vedanta Aluminium will be run by John Slaven, formerly of Alcoa and BHP. Vedanta Power will be run by Vibhav Agarwal. Vedanta Base Metals will be run by Chris Griffith. Vedanta Limited will be run by Arun Misra. "Stay tuned to our page @stockmarket_green for latest stock market investing posts. Follow @stockmarket_green Follow @stockmarket_green Follow @stockmarket_green Tags: #sensex #bse #bombaystockexchange #bse30 #index #stocknews #stockmarket #investing #stocks #shares #stockstotrade #vedanta #vedantapower #vendantstocks