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The latest announcement is out from Vedanta Limited ( (IN:VEDL) ).
Vedanta Limited has received approval from the National Company Law Tribunal (NCLT) for its Scheme of Arrangement to demerge into four independent, pure-play companies. This strategic move aims to unlock long-term value for shareholders by creating focused entities with clear strategic mandates, enhancing accountability and transparency, and aligning with market opportunities.
More about Vedanta Limited
Vedanta Limited is a global conglomerate operating in critical minerals, energy transition, metals, oil & gas, power, and technology sectors. The company focuses on providing sector-leading products and services aligned with India’s growth and global energy transition trends.
Average Trading Volume: 574,632
Technical Sentiment Signal: Buy
Current Market Cap: 2125.5B INR
Find detailed analytics on VEDL stock on TipRanks’ Stock Analysis page.