NCLT sanctions Vedanta composite scheme of arrangement

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹675.80

prior close

₹680.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.6%-0.3% vs market

Metals & Mining peers, median of 63sector · sector level+1.0%-0.7% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty 100 and 0.7 pts less than its Metals & Mining peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.1

15m

+0.8

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.6-0.3+1.0-0.7

Next day

+1.4-0.5+1.9-0.6+2.0

+4.6+0.0+4.6+0.7+3.9

+9.0+0.9+8.0+2.5+6.5

+13.6+1.2+12.3+4.1+9.5

+0.6+0.8-0.2+1.7-1.1

+0.0+2.4-2.4+2.4-2.3

15d

-0.3+1.5-1.8+2.2-2.4

+0.5+2.5-2.0-0.0+0.6

-4.6-10.1+5.5-9.9+5.3

+12.2-1.4+13.6+9.0+3.2

UpDownMarket · Nifty 100Sector · Metals & Mining peers, median of 63Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NCLT Mumbai Bench has sanctioned Vedanta's Composite Scheme of Arrangement between the company and 5 wholly owned subsidiaries - Vedanta Aluminium Metal, Talwandi Sabo Power, Malco Energy, Vedanta Base Metals, and Vedanta Iron and Steel. The order was passed on December 16, 2025, and the certified copy was received by Vedanta on January 21, 2026. The scheme includes the demerger of the Oil and Gas Undertaking into Malco Energy Limited. The Government of India had raised objections on disclosure of oil and gas blocks and liabilities, but the NCLT approved the scheme.

Likely market impact

Major corporate restructuring clears regulatory hurdle, paving the way for demerger of Oil and Gas business and consolidation of other verticals under separate entities.