Vedanta gets clearance from BSE, NSE for proposed demerger into six firms

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Vedanta gets clearance from BSE, NSE for proposed demerger into six firms - Business Standard

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"The scheme remains subject to receipt of other applicable statutory and regulatory approvals including inter alia from the National Company Law Tribunal and the respective shareholders and creditors, under applicable laws," the filing said.

BSE and NSE, vide their letters dated July 31, 2024 and July 30, 2024 respectively, have conveyed that they have 'no objections/no adverse observations', on the proposed scheme," Vedanta said in a regulatory filing.

Mining conglomerate Vedanta Ltd on Wednesday said it has received clearances from leading exchanges BSE and NSE for its proposed demerger.