Vedanta extends demerger deadline till September 30, cites pending govt, NCLT approvals

Vedanta extends demerger deadline till September 30, cites pending govt, NCLT approvals

Vedanta has extended the deadline of the demerger of its businesses from March 31, 2025 to September 30, 2025 citing pending approvals from government authorities and National Company Law Tribunal (NCLT). The company announced about the development late on Friday. Shares of Vedanta had ended at Rs 462.90 on the NSE, down by Rs 9.45 … Read more

Vedanta bonds fall as liquidity worries revive amid chip setback

Vedanta bonds fall as liquidity worries revive amid chip setback

Worries around debt repayments and stretched finances in billionaire Anil Agarwal’s Vedanta Resources Ltd. are on underscored by losses in some bonds of the commodity giant. The London-based company’s Indian unit Vedanta Ltd.’s semiconductor-making ambitions were dealt with a blow this week after its Taiwanese partner Hon Hai Technology Group decided to part ways on … Read more