Vedanta Limited — Others, 17-01-2025: Shareholders meeting

Vedanta Limited will hold meetings for its Equity Shareholders, Secured Creditors, and Unsecured Creditors on February 18, 2025, through video conferencing, following a National Company Law Tribunal order regarding a proposed Scheme of Arrangement. Notably, the Board has decided not to execute the demerger of its Base Metals undertaking, revising the scheme accordingly. This strategic decision reflects an ongoing effort to streamline operations and address stakeholder interests. Investors may view this as a neutral impact on the company, as it retains focus on restructuring without the planned demerger risks.