Prime Highlight-
- Vedanta shares rose more than 3% to a record high of ₹795 after the company fixed May 1, 2026, as the record date for its demerger.
- Shareholders will receive one share each in four new companies for every one Vedanta share held under the 1:1 demerger ratio.
Key Facts-
- April 29, 2026, will be the last trading day to buy Vedanta shares and remain eligible for the demerger, as May 1 is a market holiday.
- After the split, the group will operate through five separately listed entities, including Vedanta Aluminium, Vedanta Oil & Gas, and Vedanta Power.
Background-
Shares of Vedanta Ltd rose more than 3% to a record high of ₹795 in early trade on Tuesday after the company announced May 1, 2026, as the record date for its long-awaited demerger plan.
The metals and mining major informed stock exchanges that its board approved May 1 as the effective date for the restructuring of its key business verticals. The move will split the company’s aluminium, merchant power, oil and gas, and iron ore businesses into separate listed entities.
Under the approved scheme, shareholders holding Vedanta shares in their demat accounts on the record date will receive shares in the new companies. Under the 1:1 ratio, investors will get one share in each of the four new entities for every one Vedanta share held.
As May 1 falls on a market and bank holiday, April 29 will be the last trading day for investors to buy shares and remain eligible for the demerger benefits.
Following the restructuring, the group will operate through five listed companies: Vedanta Ltd, Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, and Vedanta Steel and Ferrous Materials.
The company said the restructuring aims to unlock value across individual business verticals and provide clearer visibility into the performance of each segment. Market analysts believe the aluminium and zinc businesses are likely to attract strong investor interest because of their scale and profitability.
Vedanta also confirmed that its stake in Bharat Aluminium Company Ltd will move to Vedanta Aluminium Metal Ltd as part of the scheme. In addition, Talwandi Sabo Power Ltd and Malco Energy Ltd will be renamed Vedanta Power Ltd and Vedanta Oil and Gas Ltd after the demerger takes effect.
The company has extended the overall demerger completion deadline to June 30, 2026, as it continues to await certain regulatory approvals.