Vedanta Gets India Court Nod to Split Businesses Into Five Firms

Vedanta Ltd, an oil-to-metals conglomerate, has received approval from the National Company Law Tribunal (NCLT) to split its business into five different entities. This includes Vedanta Aluminium, Vedanta Limited (Base Metals), Vedanta Limited (Talwandi Sabo Power), Vedanta Steel and Iron, and Malco Energy. This move is expected to transform the company's structure, with each entity focusing on its strategic mandate. The company's shares have surged over 35% this year, with Vedanta Aluminium securing the #2 global rank in the S&P Global Corporate Sustainability Assessment 2025. Vedanta has also been active in the critical minerals sector, announcing investments in the Pravasi Rajasthani Samman by the Hon'ble CM of Rajasthan, Genjana Nickel, Chromium, and Platinum Group Elements block, as well as the Depo Graphite Vanadium block.