Pursuant to Regulation 30 of Listing Regulations, as amended from time to time, we wish to inform you that the National Company Law Tribunal Kolkata ( NCLT Kolkata ) vide its Order uploaded on NCLT website on December 03, 2025 around 05:30 PM IST, has granted its approval for the Resolution Plan as submitted by Vedanta Limited for acquisition of Incab Industries Limited ( Incab or Company ) under Corporate Insolvency Resolution Process in accordance with the provisions of Insolvency and Bankruptcy Code (IBC), 2016.
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Awaiting price reaction for this filing.
Vedanta Limited has received approval from NCLT Kolkata for its Resolution Plan to acquire Incab Industries Limited under the Corporate Insolvency Resolution Process (CIRP) of the Insolvency and Bankruptcy Code, 2016. The order was uploaded on December 3, 2025. Incab Industries Limited will now be acquired by Vedanta as part of the insolvency resolution process, gaining control of the company.
This expands Vedanta's portfolio through the acquisition of a company in the IBC resolution process, typically allowing acquisition at attractive valuations. Shareholders should watch for further disclosures on deal value, funding, and integration plans once the acquisition is completed.