Vedanta Demerger Delayed Again to March 2026
Vedanta Ltd has postponed its planned corporate demerger yet again, with the new deadline set for March 31, 2026. The delay comes due to incomplete approvals from the National Company Law Tribunal (NCLT) and key government authorities.
Originally slated for March 31, 2025, the demerger was first pushed to September 30, 2025. Now, it's been extended by nearly three years. The demerger aimed to transform Vedanta's diverse business units into standalone entities, including Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, and Vedanta Ltd itself.
However, the process has hit snags. The NCLT postponed its hearing to October 8 due to objections raised by the Ministry of Petroleum and Natural Gas. Deshnee Naidoo, CEO of Vedanta Resources, had previously expressed confidence in completing the demerger during the current financial year, but the revised plans now see the parent company retaining its base metals business.
Vedanta Ltd, operating across multiple countries and holding major assets in oil and gas, zinc, copper, aluminum, steel, and other critical minerals, will now work towards meeting the new demerger deadline of March 31, 2026. The company and its stakeholders await the resolution of the pending approvals.
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