Vedanta has officially confirmed that the National Company Law Tribunal (NCLT) pronounced its order sanctioning the company's demerger scheme. The mining and metals conglomerate issued a clarification following media reports about the regulatory approval, providing specific details about the timing and next steps in the process.

Official NCLT Order Confirmation

The company confirmed that the Hon'ble NCLT pronounced its order at 2:30 PM IST sanctioning the scheme of demerger. This represents a significant milestone in Vedanta's corporate restructuring initiative, removing a crucial regulatory hurdle for the planned business separation.

Regulatory Compliance and Next Steps

Vedanta clarified that while the NCLT has pronounced its order, the official copy has not yet been uploaded on the tribunal's website. The company stated it will make a detailed disclosure once the order copy becomes available, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that it has disclosed all material developments as required under applicable regulations and is not aware of any unpublished price-sensitive information beyond what has already been disclosed.

Strategic Implications

The NCLT approval enables Vedanta to proceed with its planned organizational separation strategy. Corporate demergers are typically undertaken to create more focused business entities, potentially unlocking shareholder value by allowing individual business segments to operate with greater autonomy and strategic clarity.

With the regulatory clearance secured, Vedanta can now advance to subsequent phases of the demerger implementation, completing additional procedural requirements as part of the comprehensive restructuring process.

Vedanta Limited has been officially declared the successful bidder for the Genjana Nickel, Chromium and PGE Block under Critical Mineral Auctions Tranche III by the Ministry of Mines on December 10, 2025.

Official Declaration Details

The mining giant informed stock exchanges on December 11, 2025, about receiving the successful bidder declaration letter from the Ministry of Mines. This follows the company's earlier stock exchange intimation regarding their participation in the bidding process for this strategic mineral block.

Strategic Mineral Portfolio

The Genjana block contains valuable deposits of three critical mineral categories:

1. Nickel: Increasingly important for battery manufacturing and stainless steel production
2. Chromium: Essential for steel alloy production
3. Platinum Group Elements (PGE): Crucial for automotive catalysts and various industrial processes

Critical Minerals Expansion

According to the company's regulatory filing, this successful acquisition will further strengthen Vedanta's critical minerals portfolio. The addition of nickel and PGE deposits aligns with growing global demand for these materials, particularly in the electric vehicle and renewable energy sectors.

Market Implications

The official declaration of Vedanta as the successful bidder demonstrates the company's commitment to expanding its mineral resource base through government auction processes. Access to these diverse mineral deposits provides multiple revenue streams and exposure to different market segments within the critical minerals industry, positioning the company to benefit from the expanding battery metals and specialty materials markets.