Description

Mumbai NCLT has sanctioned Vedanta's demerger scheme. Detailed disclosure to follow once official order copy is available.

Summary

Vedanta Limited has clarified media reports regarding NCLT approval of its demerger scheme. The National Company Law Tribunal, Mumbai pronounced its order at 2:30 PM IST on December 16, 2025, sanctioning the scheme of demerger. The official order copy has not yet been uploaded on NCLT’s website. The company will make a detailed disclosure once the order copy becomes available, in compliance with Regulation 30 of SEBI LODR Regulations, 2015.

Key Points

  • NCLT Mumbai has sanctioned Vedanta’s demerger scheme
  • Order was pronounced at 2:30 PM IST on December 16, 2025
  • Official order copy not yet available on NCLT website
  • Detailed disclosure to be made upon receipt of official order copy
  • Company confirms all material developments have been disclosed as required
  • No unpublished price-sensitive information beyond what has been disclosed
  • Clarification issued in response to BSE/NSE query on news article from CNBC TV18

Regulatory Changes

No regulatory changes. This is a company-specific corporate action.

Compliance Requirements

  • Vedanta Limited will file detailed disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 once the official NCLT order copy is received
  • Company has confirmed compliance with disclosure obligations and absence of undisclosed price-sensitive information

Important Dates

  • December 16, 2025, 2:30 PM IST: NCLT Mumbai pronounced order sanctioning demerger scheme
  • Pending: Release of official NCLT order copy and subsequent detailed disclosure by company

Impact Assessment

Market Impact: High - The NCLT approval of the demerger scheme is a significant milestone for Vedanta’s corporate restructuring. The news article reported stock surge following the announcement, indicating positive market sentiment.

Corporate Impact: High - Demerger represents major structural change for Vedanta Limited, potentially creating separate listed entities for different business verticals.

Shareholder Impact: High - Shareholders will be affected by the demerger structure, share allocation ratios, and creation of new listed entities once the scheme becomes effective.

Next Steps: Market participants should await the detailed disclosure with official order copy for complete understanding of demerger terms, timeline, and implementation requirements.

Impact Justification

NCLT approval of demerger scheme is a major corporate action with significant impact on company structure and shareholder value