Scheme of Arrangement
M&AWatchNotablemateriality 74 out of 100
What happened
FactScheme of Arrangement.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedEarlierFY26
This year, we saw a record revenue of ₹1,74,075 crore, the best-ever profit of ₹25,096 crore and highest-ever EBITDA of ₹55,976 crore.
NowQ1 FY27
Vedanta Limited has delivered strong Q1 results with continuing operations PAT growing to ₹5,294 crore, up 152% YoY & EBITDA to ₹8,469 crore, up 98% YoY.
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement reported a profit of ₹25,096 crore for FY26, while the current statement shows a PAT of ₹5,294 crore for Q1 FY27, indicating a significant decrease in profitability. This represents a material change in the company's financial outlook.
Watch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- Next year will be especially exciting. (management committed by FY27)
- At Vedanta Ltd, through our 61% holding in Hindustan Zinc, and operations at Vedanta Zinc International in Sou (management committed by FY28)
Evidence
- Please find enclosed the intimation under Regulation 30 of the SEBI Listing Regulations, regarding NCLT order passed for withdrawal of Scheme providing for transfer of balance of General Reserve to Retained Earnings.(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · Q1 FY27
- Earlier statement · FY26
How CapitSignal classified this
- Reasoning:
- MERGER base 74; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%