Vedanta Share Price: Vedanta shares surged over 4% after the opening bell on Monday, March 30, following a report on the oil-to-metal conglomerate's plans for demerger into five listed companies by April 2026.
Vedanta share price advanced 4.5% intraday to Rs 678.6 apiece. The scrip was trading 2.63% higher by 10:22 a.m. The benchmark NSE Nifty 50 was down 1.12%.
Vedanta (Photo: Vedanta/X)
Vedanta's Demerger Plans
In an interview with Financial Times (FT), Vedanta Chairman Anil Agarwal opened up on the group's plans to demerge into five listed companies early next month. The demerger plan aims to simplify the group's business structure and support debt reduction.
The restructuring plan had received approval from the National Company Law Tribunal in December 2025, clearing the way for the oil-to-metals conglomerate to proceed with the split. The move was first proposed in 2023 and had faced delays amid concerns over its impact on debt recovery.
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As per the plan, the conglomerate's businesses will be restructured into five separate entities. Vedanta Ltd will continue to hold the base metals business, while the other businesses will operate through Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy.
Agarwal noted that the total market value of the five entities could eventually exceed Vedanta's current valuation of about $27 billion, according to FT. He also highlighted that nearly 50% of each of the demerged companies will remain with the group's parent holding company.
Vedanta recently declared its third interim dividend for the fiscal year 2025-26, worth Rs 11 per share with a face value of Re 1. The total amount to be disbursed from this interim dividend by the company adds up to Rs 4,300 crore. March 28 has been set as the record date to determine the eligibility of shareholders to whom the dividend will be paid.
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