Guwahati, April 22 -- Vedanta Limited has approved key measures to operationalise its previously announced composite scheme of arrangement, marking a major milestone in the company's strategic reorganisation process.
In a statement, the company said its Board of Directors has fixed May 1, 2026, as the effective date as well as the record date for the demerger to determine shareholders eligible to receive shares in the resulting entities.
According to Vedanta, the demerger is aimed at simplifying the corporate structure by creating sector-focused independent businesses and opening new opportunities for global investors, including sovereign wealth funds, retail investors and strategic investors.
The move is expected to provide direct inv...
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