Vedanta News Today, Nov 11: NCLAT Clears Path for Strategic Restructuring
In a significant development, the National Company Law Appellate Tribunal (NCLAT) has cleared the way for Vedanta’s strategic restructuring by overturning a previous NCLT decision. The focus keyword, ‘Vedanta demerger approval,’ highlights this critical step for the company as it moves to streamline its operations across power and metal sectors. This decision is anticipated to enhance Vedanta’s financial efficiency and improve market competitiveness.
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