NCLT Clears Vedanta Demerger: Five New Entities to Unlock Shareholder Value

• NCLT Mumbai approved Vedanta's demerger plan on December 16, paving the way for its transformation.
• The move will create five independent listed entities, including the existing Vedanta Ltd.
• New entities are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power.
• Shareholders will receive one equity share of each demerged entity for every one share held in Vedanta Ltd.
• The demerger aims to unlock long-term value, simplify corporate structure, and Vedanta shares hit a 52-week high.

Why It Matters: Vedanta's demerger into five entities approved, aiming to unlock value and simplify structure.