Vedanta Demerger Advances as NCLT Approves Power Business Separation
Published on: Jan. 9, 2026, 10:48 p.m. | Source: scanx.trade
NCLT Mumbai bench approved Vedanta's power business demerger after Talwandi Sabo Power settled ₹1,251.00 crore dues with creditor Sepco Electric Power Construction Corp. The approval enables Vedanta's plan to spin off four businesses into separate listed entities while retaining base metals operations. Vedanta shares gained 1.00% to ₹609.90, with 39.00% growth over 12 months and strong analyst support.
