Vedanta Ltd NCLT approval and demerger structure

The Mumbai bench of NCLT has sanctioned Vedanta’s demerger scheme, clearing the way to break the existing company into five separate businesses, with four pure‑play entities in aluminium, oil & gas, power, and iron & steel while base metals remain in Vedanta Ltd. Over 99% of shareholders and secured/unsecured creditors voted in favour, and each existing Vedanta shareholder will receive one share in each of the four new demerged companies for every one share held in Vedanta on the record date.