Vedanta, led by Anil Agarwal, has extended the deadline for its corporate demerger to March 31, 2026, as approvals from the National Company Law Tribunal (NCLT) and relevant government authorities are still pending, the company said in a regulatory filing. The deadline had earlier been extended from March 31, 2025, to September 30, 2025.

The board stated, “Given that the conditions precedent in the Scheme, including NCLT approval and approvals from certain government authorities, are still in process, the timeline for fulfilment of these conditions has been extended to March 31, 2026.” The demerger will allow Vedanta’s various business verticals to operate as independent entities.

Vedanta Resources CEO Deshnee Naidoo had expressed optimism about completing the demerger in the current financial year, focusing on the company’s ongoing restructuring efforts. The NCLT had last month deferred the hearing to October 8, 2025, after the Ministry of Petroleum and Natural Gas raised objections over insufficient disclosures.

Earlier plans envisaged restructuring Vedanta’s businesses into six independent companies—Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals, and Vedanta—though the plan has since been revised, with the base metal undertaking retained within the parent company.

Vedanta, a subsidiary of Vedanta Resources, is a global leader in natural resources, critical minerals, energy, and technology, with operations across India, South Africa, Namibia, Liberia, UAE, Saudi Arabia, Korea, Taiwan, and Japan, spanning sectors such as oil and gas, zinc, lead, silver, copper, steel, and aluminium.