Tag: Vedanta demerger

Vedanta secures highest credit rating in over decade following ICRA upgrade

May 29, 2026 admin

The logo of Vedanta installed in its headquarters in Mumbai. File | Photo Credit: Reuters Vedanta Group on Friday (May 29, 2026) said that it has received its highest domestic credit rating in over a decade after rating agency Investment Information and Credit Rating Agency (ICRA) upgraded the long-term ratings of its key group entities…

Business

Vedanta demerger: NCLT defers final hearing to October 8

September 17, 2025 admin

The National Company Law Tribunal (NCLT) on Wednesday (September 17, 2025) deferred the hearing on Vedanta’s ambitious demerger proposal to October 8, as the Ministry of Petroleum and Natural Gas objected to the scheme, citing a lack of necessary disclosures. The Mumbai Bench of NCLT also directed Vedanta and the Ministry to file written submissions…

Business

Vedanta demerger receives approval from shareholders, creditors

February 20, 2025 admin

Vedanta Limited will also act as an incubator for new businesses, including Vedanta’s technology verticals. File | Photo Credit: AP “Vedanta Limited has received approval from its shareholders and creditors for its proposal to demerge the company into five independent, sector-specific companies,” according to a stock exchange filing by the company. The demerger was approved…

Business