Vedanta demerger hits fresh turbulence
Vedanta's demerger plan, aimed at unlocking long-term value, has been met with objections from the central government and SEBI over guarantees, concealed information, and altered terms. Legal and investor scrutiny has intensified after a critical report by Viceroy Research. The restructuring plan, originally set for March 2025, has been postponed to September 2025 as approvals are pending.