Please find enclosed the intimation under Regulation 30 of the SEBI Listing Regulations, regarding NCLT order passed for withdrawal of Scheme providing for transfer of balance of General Reserve to Retained Earnings.
VEDL · price
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Vedanta Limited has informed the stock exchanges that the National Company Law Tribunal (NCLT), Mumbai Bench, has permitted the withdrawal of a Company Petition and the related Scheme that proposed transferring the balance of the company's General Reserve to its Retained Earnings. The company's Board of Directors, in a meeting held on July 31, 2025, decided not to pursue the scheme at this stage, citing evolving strategic priorities. Following this decision, the company filed an additional affidavit with the NCLT seeking withdrawal. The NCLT passed the order on August 13, 2025, and it was made available on its website on August 29, 2025. The Company Petition has been dismissed as withdrawn, and the Scheme now stands withdrawn.
This is a neutral corporate housekeeping event. The General Reserve remains intact, meaning Vedanta retains a financial cushion rather than moving it to Retained Earnings, which would have offered more flexibility for future dividend distribution. Shareholders are unlikely to see any material change in the company's valuation or operations from this development.