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NCLT Adjourns Vedanta Demerger Hearing to 17 Sep
Mint Kolkata
|August 21, 2025
Sebi is yet to complete the scrutiny of the proposal, while the Centre has raised objections.
The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta Ltd's proposed demerger to 17 September, as market regulator Sebi is yet to complete the scrutiny of the proposal, while the central government has raised certain objections.
The matter, which was part-heard earlier, had been adjourned to 20 August. On 2 July, the ministry of petroleum and natural gas had objected to Vedanta's proposed demerger before the NCLT Mumbai bench. Meanwhile, the tribunal was informed by the Securities and Exchange Board of India (Sebi) that it has no further comments on the proposed demerger scheme and is verifying Vedanta's compliance with applicable regulatory norms.
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