Vedanta Limited has received approval from the Mumbai Bench of the National Company Law Tribunal (NCLT) for its Scheme of Arrangement, sanctioning the demerger of the company into four independent, pure-play businesses. This significant milestone paves the way for the creation of five separate listed entities, including the residual Vedanta Limited, each with a distinct strategic mandate, focused management, and dedicated capital structures. The demerger aims to unlock long-term value for shareholders by providing direct exposure to sector-leading assets and simplifying Vedanta's corporate structure. The five resulting companies will be: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel, Vedanta Power, and Vedanta Limited, which will continue to hold its stake in Hindustan Zinc Limited and incubate future-facing businesses. The approval is subject to compliance with stipulated directions, government and regulatory approvals, and other stakeholder clearances. Commenting on the development, Mr. Anil Agarwal, Chairman, Vedanta Ltd., stated that this move reinforces the vision to create focused, world-class companies better aligned with India's growth ambitions and evolving global demand for resources, energy, and technology. Each entity is positioned to grow manifold, attract strategic investment, and deliver superior value in sectors witnessing double-digit growth.