Vedanta Demerger Approved by NCLT: Green Light for Value Unlocking!

• Mumbai NCLT approved Vedanta's demerger scheme, clearing the final regulatory hurdle after a long wait.
• This decision allows Vedanta's various businesses (Aluminum, Oil & Gas, Power, Steel & Ferrous, Base Metals) to become independent listed entities.
• The demerger aims for value unlocking, focused management, and potential market re-rating for shareholders.
• Shareholders, creditors, and SEBI had already approved the scheme; NCLT's approval was the last major step.
• Vedanta will now proceed with implementation, with details like swap ratio and record date to be announced.

Why It Matters: Mumbai NCLT approves Vedanta demerger, paving way for independent entities and shareholder value.