Vedanta Demerger: NCLT Gives Nod; Stock Climbs 3%; Key Details
The National Company Law Tribunal (NCLT) has officially approved the long-awaited Vedanta demerger plan, a move that has sent the company’s stock up by nearly 3% in trading. The restructuring is aimed at unlocking value by creating multiple independently listed entities, each focused on its core business vertical. This decision marks a significant milestone in…