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<h1>Demerger approval enables creation of five sector-specific companies with separate share issuance, subject to statutory clearances.</h1> The proposed demerger was approved by shareholders and creditors to create five independent sector-specific companies, with each Vedanta shareholder to receive one additional share in each of four newly demerged entities; the retained company will incubate new businesses. The scheme aims to focus management, streamline operations, unlock value through separate capital market access, and enable distinct investor and lender engagement. Implementation is subject to receipt of all relevant statutory, governmental and regulatory approvals.