Vedanta's demerger stalled by SEBI and govt objections
Vedanta's planned demerger faces objections from SEBI and the government, delaying the process. The NCLT has deferred hearings to September 17, creating uncertainty for investors. The stock fell nearly 3% to ₹438 on the BSE, reflecting concerns over compliance and approvals. The outcome will be closely watched as Vedanta navigates regulatory scrutiny.