Shares of Vedanta Ltd are trading flat after hitting a day’s high of Rs 475 on 8th October, ahead of the final hearing at the National Company Law Tribunal (NCLT) regarding its proposed demerger.

On 17th September, a Vedanta spokesperson said that SEPCO had withdrawn its intervention application. The Ministry of Petroleum and Natural Gas (MoPNG) had made its representation during earlier NCLT proceedings. Vedanta’s legal team also provided the required clarifications. MoPNG’s application was reserved for judgment, with the final hearing scheduled for today.

A few days before 17th September, Vedanta resolved a long-standing dispute with SEPCO over its power business. Consequently, SEPCO withdrew its arbitration claims.

On 30th September, Vedanta announced that the demerger deadline had been extended to March 2026, subject to government approval.

The company plans to split into five independent businesses—Aluminium, Oil & Gas, Power, Steel, Ferrous Materials, and Base Metals. Shareholders will receive one share in each demerged entity for every share they currently hold in Vedanta.

At 11:32 AM, shares of Vedanta were trading 0.60% lower at Rs 469 on NSE.

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