In Short : The NCLAT has stayed the NCLT’s order rejecting Vedanta’s power business demerger and its merger with Talwandi Sabo Power Ltd. The earlier rejection followed creditor SEPCO’s objection over undisclosed ₹1,251 crore debt. Vedanta remains committed to its restructuring plan, aiming to unlock value. The next hearing is scheduled for August 4, 2025. […]
