Vedanta’s Big Split Stumbles: Govt Roadblocks, Fresh Delays & What It Means for Investors
India’s SEBI has approved key documents for Vedanta Ltd’s demerger, but final clearance depends on the National Company Law Tribunal, which delayed its hearing to November 12 after a bench reconstitution. The government has raised objections, alleging Vedanta altered the scheme and concealed liabilities. The demerger deadline has shifted to March 2026. Vedanta shares remain near a 52-week high despite the delays.