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Vedanta has extended the deadline of the demerger of its businesses from March 31, 2025 to September 30, 2025 citing pending approvals from government authorities and National Company Law Tribunal (NCLT).The company announced about the development late on Friday. Shares of Vedanta had ended at Rs 462.90 on the NSE, down by Rs 9.45 or 2%.The mining conglomerate is looking to demerge its businesses - aluminium, oil & gas, power and steel- as separate entities. At present, these businesses are subsumed within Vedanta Ltd, which is an Indian arm of UK-based Vedanta Resources.Post the demerger, every Vedanta shareholder - both retail and institutional - will receive one new share in each of the newly demerged companies.There will be no change in the overall shareholding structure, the letter said.Chairman Anil Agarwal in his recently written letter to the shareholders, said that investments in the company at the start of the past 5-year period would have yielded returns of 4.7 times. The returns are a combination of capital appreciation and cash dividends, he added, claiming that metals & mining company has delivered a dividend yield of 81% during this period which is highest amongst all its peers. "Anyone who had invested in Vedanta at the start of the past five-year period would have seen their investments multiplying over 4.7 times to date, both through capital appreciation and cash dividends returned," the letter read."Vedanta's unique and irreplaceable assets, sector-leading position, strong global management, and financial discipline will ensure a stronger growth trajectory and higher returns going forward. The tremendous potential value unlock that the demerger will bring has also been captured well by many topbrokerages and leading analysts," the letter said.In a recent vote of shareholders, secured and unsecured creditors, 99.5% of shareholders and creditors voted in favour of our demerger.Agarwal said that he envisions each of the four newly demerged companies to potentially grow into a $100 billion company.The Vedanta chairman also said that the company is currently contributing close to 1.4% of India’s GDP.Vedanta, which was listed on Indian exchanges in 1998, will hold over 63.4% of Hindustan Zinc (HZL).HZL is an integrated producer of Zinc and silver.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Foreign Institutional Investors (FIIs) were net sellers in FY2025, offloading domestic equities worth Rs 1,27,401 crore. The intensity of selling, reduced significantly in March which saw a sell-off worth Rs 3972.61 crore. Domestic Institutional Investors (DIIs), on the other hand, remained buyers throughout the year and purchased stocks worth Rs 6,06,368 crore. In March, the buying activity amounted to Rs 37,079.08 crore. On Friday, FIIs sold shares worth Rs 4,352.82 crore while domestic institutional investors (DIIs) were net buyers at Rs 7,646.49 crore.FIIs were sellers seven times on a monthly basis in the financial year that ends on Monday, March 31, 205. The highest exodus happened in October and January when the FIIs sold shares worth Rs 94,017 crore and Rs 78,027 crore, respectively. FIIs were net buyers in June, July, August, September and December with highest buying seen at Rs 57,724 crore in September.Meanwhile, DIIs remained bullish on the Indian equities through the year, with not even a single month recording net selling activity by them. October and January months witnessed sharpest DII buying at Rs 1,07.255 crore and Rs 86,592 crore. <iframe title="FY25 FII/DII Flows" aria-label="Table" id="datawrapper-chart-TN6Ke" src="https://et-infographics.indiatimes.com/graphs/TN6Ke/1/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="591" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}}))}();</script>Commenting on the current trends, VK Vijayakumar, Chief Investment Strategist at Geojit Investments said that the change in FII strategy from sustained selling to modest buying was visible in the week that ended March 21 and it picked-up pace in the following week that finished this Friday. FIIs turning net buyers over the last fortnight helped Nifty finish with nearly 6% gains in March. It was after five straight months of decline, the longest since Nifty's launch in 1996. Vijayakumar attributes three major reasons for the reversal. One is the valuations turned attractive after the Nifty plunged 16% from the September peak, till February. Another reason was the recent appreciation in rupee which led to reversal of the momentum trade towards US investment. Finally, India’s macros like GDP, IIP and CPI inflation improved, paving the way for a rally in the market, this analyst said.Going forward, the trend in FII flows will depend mainly on Trump’s reciprocal tariffs expected on April 2nd. If the tariffs are not severe, the rally may continue."Manoj Purohit, Partner & Leader, FS Tax, Tax & Regulatory Services at BDO India pointed out another big development, which he said is a sentiment booster. "One of the key announcements made by the Sebi in its Board meeting w.r.t the FPI community has encouraged the FPIs. Based on the reaction of a few large banks on restricting the P-Notes trading volume, the existing threshold for granular beneficial ownership disclosures was increased from Rs 25,000 crore to Rs 50,000 crore. FPIs having more than 50% of their portfolio in a single corporate group will continue to abide by the earlier limit. Hopefully, this will bring back the much-needed volume in trades and liquidity in the market," he said.Moreover, the Reserve Bank of India (RBI) is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.Read More: RBI set to double investment limit for foreign individuals: Sources & memo(Data Inputs from Ritesh Presswala)(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)