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Gaurav Narendra Puri

29th Mar 2025 · SEBI-Registered Analyst

Due to outstanding crucial approvals, Vedanta has extended the demerger deadline to September 30.

Citing awaiting permissions from the National Company Law Tribunal (NCLT) and other government bodies, Vedanta Ltd. announced in an exchange filing on Friday, March 28 that it has delayed the deadline to complete its planned demerger from March 31 to September 30. Clause 39.7 of the demerger plan, which permits the board of the firm and the boards of its subsequent entities to postpone execution if regulatory approvals are delayed, was used to make the decision.

VEDL

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