Vedanta is actively involved in separating its main businesses, such as aluminum, into distinct publicly traded companies. A senior official of the company mentioned that this process is expected to be finalized within the next nine to twelve months. Vedanta Ltd., owned by billionaire Anil Agarwal, had announced last year its plans to create separate divisions by demerging its metal, power, aluminum, and oil and gas businesses, aiming to unlock their potential value.