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Vedanta Ltd. has secured NCLT approval to acquire Incab Industries for ₹545 crore, taking a 100% stake. Incab, a power cable and industrial wire manufacturer, will enable Vedanta to significantly expand its downstream copper and aluminum business. This acquisition offers strong vertical synergies, especially with Incab's Pune plant near Vedanta’s Silvassa copper unit. Vedanta plans to revive Incab's currently non-operational plants with fresh capital, boosting its presence in infrastructure and transmission sectors.