Vedanta files demerger scheme with NCLT

Vedanta has filed a demerger scheme with the National Company Law Tribunal (NCLT) after receiving all necessary approvals. The proposed demerger aims to create sector-focused entities in critical minerals, energy security, renewables, and technology sectors. Vedanta reported a 1% QoQ and 6% Year-on-Year increase in Q1 consolidated revenue of 35,239 crore.