|
The Securities and Exchange Board of India (SEBI) has approved the documentation for Vedanta's proposed demerger plan, marking a significant step in the company's corporate restructuring process.
SEBI plans to submit its application in the ongoing hearing at the National Company Law Tribunal (NCLT). This regulatory approval is a crucial milestone for Vedanta's reorganization efforts, with the NCLT's decision being the next key step in determining the future of the demerger plans.
In a significant development for Vedanta 's corporate restructuring process, the Securities and Exchange Board of India (SEBI) has approved the documentation for the company's proposed demerger plan. This regulatory green light marks a crucial step forward in Vedanta's ongoing corporate reorganization efforts.
|
