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Vedanta files demerger scheme with NCLT

By Economic Times - 2 months ago
Vedanta has filed a demerger scheme with the National Company Law Tribunal (NCLT) after receiving all necessary approvals. The proposed demerger aims to create sector-focused entities in critical minerals, energy security, renewables, and technology sectors. Vedanta reported a 1% QoQ and 6% Year-on-Year increase in Q1 consolidated revenue of 35,239 crore.

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