So how does the debt split up? Does that also get distributed equally between the six companies? Or, can Vedanta decide that one of their units is doing so bad, it's going to be shut down eventually, and so they move all their debt to this new entity, and wait for it to fail and take all its debt with it.
Can't imagine what will happen to investors ?
So how does the debt split up? Does that also get distributed equally between the six companies? Or, can Vedanta decide that one of their units is doing so bad, it's going to be shut down eventually, and so they move all their debt to this new entity, and wait for it to fail and take all its debt with it.