Vedanta share price in focus: Firm extends demerger deadline to June 30, 2026; what the company said

"Since certain conditions precedent to the scheme, including receipt of approvals from certain governmental authorities, are yet to be fulfilled and are in the process of completion, the Board of Directors of the company and the resulting companies have, in terms of Clause 39.7 of the scheme, approved the extension of the timeline for fulfilment of such conditions precedent from March 31, 2026, to June 30, 2026," the company said in a filing to the BSE.

The Anil Agarwal-led company had already shifted the original deadline for the proposed demerger from March 31, 2025, to September 30, 2025, and then to March 31, 2026.

The company had earlier revised its demerger plan, choosing to retain its base metals business within the parent company.

Other updates

According to a report by PTI on March 31, 2026, Anil Agarwal's Vedanta has told the Supreme Court that its tweaked bid for the bankrupt Jaiprakash Associates Ltd was rejected despite being better than Adani Group's offer.

In its petition challenging the lenders' decision to accept Adani's takeover offer, Vedanta contended that its addendum bid is about ₹3,400 crore higher in gross value terms and roughly ₹500 crore more in net present value compared to the Adani Group's offer.

A bid addendum is an official document issued during a tender or bidding process to modify, clarify, or supplement the original bid/tender documents.

In simple terms, It’s an update sent to all bidders after the tender is released, to ensure everyone has the same revised information.

In the bid challenge process and final resolution plan submitted on October 14, 2025, Vedanta offered ₹3,770 in upfront payment and ₹3,100 crore at the end of the 365th day from the effective date to secured financial creditors. It also offered an equity infusion of ₹400 crore into Jaypee.

Thereafter, on November 8, 2025, Vedanta submitted an addendum via email, offering to raise the upfront cash payout to ₹6,563 crore and equity infusion to ₹800 crore while keeping the overall bid value at ₹12,505.85 crore.

The committee of creditors (CoC) accepted Adani's bid because it offered around ₹6,000 crore upfront cash payment and faster payments for the remaining amount within two years compared to Vedanta's longer payment timeline of up to five years.