Vedanta Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
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Vedanta Limited's board has extended the deadline for completing the conditions precedent of its ongoing demerger scheme from September 30, 2025 to March 31, 2026. The scheme proposes to demerge the company into four resulting entities: Vedanta Aluminium Metal Limited, Talwandi Sabo Power Limited, Malco Energy Limited, and Vedanta Iron and Steel Limited. The NCLT Mumbai Bench approval and certain government authority clearances are still pending. This is the second extension, with the original deadline of March 31, 2025 already pushed once. The board approved the extension on September 30, 2025 under Clause 39.7 of the scheme.
Shareholders waiting for the demerger will see further delay of up to six months before the scheme becomes effective. While not a cancellation, repeated timeline extensions add uncertainty around when shareholders will receive shares in the four resulting companies.