Vedanta receives NCLT approval for major demerger
pre-market1 source ↓written by the desknot a recommendation
India’s NCLT approved Vedanta's demerger, allowing the company to split into five listed entities while retaining zinc and silver operations. Shareholders will receive one share in each new company for every Vedanta share held, pending final clearances. Government objections were dismissed, but future regulatory actions remain possible.
Not investment advice. For informational purposes only.