Vedanta Receives Approval for Subsidiary Separation Plan
Regulatory Approval from NCLT
On January 9, 2026, Vedanta Limited received a significant boost with the regulatory approval from the National Company Law Tribunal (NCLT) Mumbai bench. This approval paves the way for Vedanta’s ambitious plan to separate its key subsidiaries into five independent, listed entities, thereby transforming its operational structure.
Details of the Separation Scheme
The NCLT sanctioned a comprehensive scheme of arrangement that includes pivotal subsidiaries such as Talwandi Sabo Power Limited (TSPL), Vedanta Aluminium Metal Limited, Malco Energy Limited, Vedanta Base Metals Limited, and Vedanta Iron and Steel Limited. Each of these companies will operate independently, allowing for greater focus on their respective sectors and potentially enhancing shareholder value.
Market Response
Following the announcement of the NCLT’s approval, shares of Vedanta Limited saw a positive reaction, closing 1.05% higher at ₹609.90 on the Bombay Stock Exchange. This uptick signifies investor confidence in the restructuring strategy and the expected benefits that come with greater operational autonomy for each subsidiary.
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