Vedanta withdraws general reserve reorganization scheme after NCLT order

Vedanta Limited has informed stock exchanges of the withdrawal of its scheme involving the transfer of funds from the general reserve to retained earnings. This follows an order from the National Company Law Tribunal (NCLT), Mumbai Bench, dated August 13, 2025, which granted permission for the withdrawal of the company petition related to the scheme. The order was published on the NCLT website on August 29, 2025.

The decision to withdraw the scheme comes after Vedanta's board of directors, in a meeting on July 31, 2025, decided not to pursue the scheme due to evolving strategic priorities. This intimation was also filed with BSE Limited and National Stock Exchange of India Limited.

Consequently, both the company petition and the scheme for capital reorganization under Sections 230-232 of the Companies Act, 2013, stand withdrawn, as confirmed by the NCLT order.