Vedanta share price falls nearly 3% as report suggests setback in demerger. Check details

Vedanta share price declined on Wednesday following a media report of multiple setbacks to the company’s demerger plan. Vedanta shares fell as much as 2.56% to ₹438.55 apiece on the BSE.

According to a report by business news channel CNBC TV-18, the National Company Law Tribunal (NCLT) has deferred hearing on the group’s proposed demerger to September 17, after the central government raised “serious objections.”