- Vedanta fixed May 1, 2026, as the record date for its demerger process
- Investors holding shares by April 30 will receive shares in new entities
- Shareholders get one share in each new company for every Vedanta share held
Shares of Vedanta Ltd. rose during early trade on Tuesday after the company formally fixed the record date for its much-anticipated demerger. The move is a major milestone in the group's plan to simplify its corporate structure and create five independently listed, sector-focused businesses.
The company's board on Monday approved May 1, 2026, as the record date for the demerger. Investors holding Vedanta shares as of this date will be eligible to receive shares in each of the newly carved-out entities.
It is important to note that given India's T+1 settlement cycle, shares purchased on the record date (May 1 in this case) will not be eligible for the demerger. Therefore, investors who own Vedanta shares in their demat account by April 30 will be the beneficiaries.
Under the 1:1 approved demerger scheme, shareholders will receive one share of each demerged company for every one share held in the currently listed parent entity. Once completed, the restructuring will result in five Vedanta Group companies listed on Dalal Street, including the existing Vedanta.
The demerger is aimed at unlocking value by allowing each business vertical to operate and raise capital independently while offering investors more direct exposure to specific sectors.
Four New Vedanta Companies to Be Listed
Following the demerger, the following four entities will be listed separately on Indian stock exchanges:
- Vedanta Aluminium Metal Ltd.
- Talwandi Sabo Power Ltd., which will be rebranded as Vedanta Power Ltd.
- Malco Energy Ltd., to be renamed Vedanta Oil & Gas Ltd.
- Vedanta Iron and Steel Ltd.
Each company will focus on its core business, with rebranding forming a key part of the group's long-term strategy.
ALSO READ: Vedanta Demerger: Key Dates, New Listings And What Shareholders Need To Know
Vedanta Share Price Today Movement
Vedanta share price gained as much as 3.1% intraday to Rs 795 on the NSE, compared to a 0.4% advance in the benchmark Nifty 50. The total traded volume stood at 4.2 times the 30-day average. The stock is up 90% in the last 12 months and 30% year-to-date.
Eleven out of 14 candidates tracking the stock have a 'buy' rating and three suggest a 'hold', according to Bloomberg data. The average of 12-month price targets implies an upside potential of 9%.
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