Vedanta Limited — Others, 18-01-2025: Copy of Newspaper Publication
18-01-2025 | 02:36 pm
18-01-2025 | 02:36 pm
Vedanta Limited has announced a board meeting on February 18, 2025, to discuss the Scheme of Arrangement involving the Demerged Company and its Resulting Companies, following a National Company Law Tribunal (NCLT) order. Notably, the board has decided not to proceed with the previously planned demerger of the Base Metals undertaking, opting for an updated scheme instead. The meetings will address the interests of equity shareholders and creditors through video conferencing. This development may lead to operational realignment and could positively influence investor outlook by clarifying the company’s strategic direction within the evolving structure.
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