Core Viewpoint - The National Company Law Tribunal (NCLT) has approved Vedanta's demerger into four independent, sector-focused companies, creating a total of five listed entities, which aims to enhance strategic focus and operational efficiency [1][9]. Group 1: Demerger Details - The demerger will result in the formation of five separate entities: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel, and a residual entity, Vedanta Limited [2][10]. - Each new entity will have independent access to capital, dedicated management teams, and the ability to respond to sector-specific market trends [5][11]. Group 2: Shareholder Impact - Shareholders of Vedanta will receive proportional equity shares in each of the newly formed entities, in addition to their existing holdings, ensuring continuity of ownership [6][11]. Group 3: Strategic Alignment - The reorganization aligns with India's infrastructure, energy transition, and manufacturing goals, positioning each entity to better meet evolving market demands [7][11]. - Anil Agarwal, Chairman of Vedanta, emphasized that the demerger is a significant step towards creating focused companies that can attract strategic investments and deliver superior value, particularly as sectors are experiencing double-digit growth [8][11].
Vedanta shares in focus as NCLT approves demerger into independent listed companies
The Economic Times·2025-12-17 02:47