Vedanta shares in focus as NCLT approves demerger into independent listed companies

Vedanta's demerger plan has received formal approval from the NCLT. This will create five separate listed companies. Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel will become independent. The residual Vedanta Limited will house Hindustan Zinc. This move aims for sharper focus and independent capital access for each business.