Description

Vedanta Limited clarifies that Mumbai NCLT has sanctioned the scheme of demerger at 2:30 pm IST on December 16, 2025, with detailed disclosure pending receipt of official order copy.

Summary

Vedanta Limited submitted a clarification to BSE and NSE regarding news reports about NCLT approval of its demerger plan. The company confirmed that the Hon’ble National Company Law Tribunal (NCLT) 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, and a detailed disclosure will follow once the order is available, in compliance with SEBI LODR Regulation 30.

Key Points

  • NCLT Mumbai sanctioned Vedanta’s demerger scheme 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
  • Clarification issued in response to BSE query regarding news article on CNBCTV18
  • Company confirms no unpublished price-sensitive information beyond what has been disclosed
  • All material developments have been disclosed as per applicable regulations

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Company to make detailed disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 once official NCLT order copy is received
  • Company has confirmed compliance with continuous disclosure obligations
  • All material developments disclosed in accordance with applicable regulations

Important Dates

  • December 16, 2025, 2:30 pm IST: NCLT Mumbai pronounced order sanctioning demerger scheme
  • Pending: Upload of official order copy on NCLT website
  • Pending: Detailed disclosure by company upon receipt of order copy

Impact Assessment

Corporate Impact: The NCLT approval is a critical milestone in Vedanta’s demerger process, representing a major corporate restructuring that will result in the separation of the company’s businesses into distinct entities.

Shareholder Impact: High impact event for Vedanta shareholders as the demerger will result in restructuring of shareholding and creation of separate listed entities. The market responded positively with stock surge as mentioned in the news article.

Market Impact: Significant development for the metals and mining sector. The approval removes a major regulatory hurdle and brings the demerger closer to implementation. Further details on scheme implementation timeline and shareholding structure will be critical for investors once the official order is released.

Next Steps: Investors and stakeholders should await the detailed disclosure that will follow upon receipt of the official NCLT order, which will provide complete information about the demerger scheme terms and implementation timeline.

Impact Justification

NCLT approval of demerger scheme is a major corporate restructuring event with significant impact on shareholders and company structure