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NCLT seeks Vedanta reply as govt flags demerger plan
Mint Chennai
|August 21, 2025
The development could delay Vedanta's 2023 plan to demerge into six listed entities
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday asked Vedanta Ltd to respond within four weeks after the Union ministry of petroleum and natural gas objected to its upcoming demerger, potentially delaying the process and injecting uncertainties into the company's plan first announced two years ago.
The case, heard by a bench of justices Mohan Prasad Tiwari and Charanjeet Singh Gulati, is next listed for hearing on 17 September.
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