Vedanta shares will be removed from MSCI Global Standard Indexes from June 22. This follows the company's mega demerger into five separate listed entities. The residual Vedanta now has a smaller market capitalization. The demerger was completed on Monday with four new businesses debuting on the stock market. This index rejig may cause some share price volatility.
Vedanta shares will be removed from MSCI Global Standard Indexes effective June 22, following the company's demerger into five separate listed entities. The residual Vedanta now has a smaller market capitalization. This index rejig, completed on Monday with four new businesses…
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