NCLT approves Vedanta demerger into five listed firms
after close1 source ↓written by the desknot a recommendation
India’s National Company Law Tribunal approved Vedanta’s demerger, allowing the parent company to retain its zinc and silver operations while creating four new listed entities. Shareholders will receive one share in each new company for every Vedanta share held, pending final clearances. Future regulatory actions remain a possibility.
Not investment advice. For informational purposes only.