Shares of Vedanta tanked nearly 4% in intraday deals on Wednesday, September 17, amid reports that the government has doubled down on its argument against the Anil Agarwal-led company’s demerger plans during a hearing at the National Company Law Tribunal today.
According to a CNBC TV-18 report, the government has flagged financial risks from Vedanta’s demerger, along with insufficient disclosure of liabilities.
