Tag: Vedanta demerger

Vedanta demerger: NCLT defers final hearing to October 8

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Vedanta demerger: NCLT defers final hearing to October 8

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…

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Business

Vedanta demerger receives approval from shareholders, creditors

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Vedanta demerger receives approval from shareholders, creditors

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…

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