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Vedanta to hold shareholder and creditor meetings on February 18 for demerger process

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Vedanta announced that it will hold virtual meetings for its equity shareholders, secured creditors, and unsecured creditors on Tuesday, February 18, 2025, as part of its ongoing demerger process. The meetings are part of a Scheme of Arrangement involving Vedanta Ltd. and its subsidiaries, in accordance with the NCLT order. Although Vedanta initially planned to split its base metals business, it decided to retain it within the company, considering a demerger in the future.