Anil Agarwal-led Vedanta Ltd has pushed the deadline for its demerger to March-end next year as the approvals from the National Company Law Tribunal and government authorities are still pending, the company has said in a regulatory filing.
The deadline was earlier extended from March 31, 2025 to September 30 this year. ”Given that the conditions precedent in the Scheme, including approval of the National Company Law Tribunal, Mumbai Bench (NCLT) and approvals from certain government authorities are in the process of being completed, the board of the company and the resulting companies…have decided to extend the timeline for fulfilment of the conditions precedent from September 30, 2025 to March 31, 2026,” Vedanta had said in a filing this week.
The approval of the demerger proposal will