Debt-laden Vedanta Ltd will complete the divestment of its steel assets by March 2024, the group's chairman Anil Agarwal told an Indian TV channel, while the metals-to-oils conglomerate plans to demerge its business units into independent 'pure play' companies to unlock value. Steel assets will get sold in this fiscal year, Agarwal told CNBC-TV18 channel. Vedanta had started the review of its steel and steel raw material business in June. On Sep 29, whil announcing the plans to spin off, the company said Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Metals, Vedanta Base Metals and Vedanta Limited are the new proposed entities.