Vedanta Demerger: The Mumbai bench of the National Company Law Tribunal (NCLT) on Tuesday (December 16) approved the demerger plan of Anil Aggarwal’s Vedanta Limited. This has cleared the way for dividing Vedanta, which does business from metals to oil, into sector-specific companies. Vedanta’s division (Vedanta Demerger, There will be dedicated companies for businesses like aluminium, oil and gas, power and iron and steel.
Vedanta Demerger: Approval from NCLT! Company will be divided into so many parts, strong trading in shares – Market

