Vedanta Demerger: Vedanta Ltd’s much-awaited demerger into five separate listed entities came into effect during the June 15 trading session, marking a major milestone in the conglomerate’s restructuring journey.
Following the demerger, shareholders of Vedanta received shares in four newly created companies: Vedanta Aluminium Metal Ltd, Vedanta Oil & Gas Ltd, Vedanta Power Ltd, and Vedanta Iron & Steel Ltd.
Vedanta Aluminium & Metal Share Price
Vedanta Aluminium & Metal Ltd debuted with a market capitalisation of Rs 1.95 lakh crore. On its listing day, the stock hit the 5 per cent lower circuit, falling Rs 26.35 to trade at Rs 500.65.
Vedanta Oil & Gas Share Price
Vedanta Oil & Gas Ltd was listed with a market capitalisation of Rs 14,487.99 crore. Similar to Vedanta Aluminium & Metal, the stock also hit its 5 per cent lower circuit and was trading at Rs 37.05.
Vedanta Iron & Steel Share Price
Vedanta Iron & Steel Ltd was listed with a market capitalisation of Rs 8,231.37 crore. The stock also came under selling pressure, slipping over 5 per cent to hit its lower circuit and trading around Rs 21.
Apart from the four newly listed companies, shares of Vedanta Ltd also traded in the red during the session, although the decline was less severe compared to most of its newly listed entities.
The listings follow the company’s announcement of May 1, 2026, as the record date for determining shareholder eligibility for the demerged entities. Vedanta had earlier informed exchanges about the restructuring plan through a filing dated April 20, 2026. (Vedanta Demerger Record Date)
Vedanta Demerger: Share Entitlement Ratio
Under the approved scheme of arrangement, eligible Vedanta shareholders received shares in the demerged companies in the following ratio:
Vedanta Aluminium & Metal Ltd (VAML)
Shareholders received 1 equity share of face value Rs 1 in VAML for every 1 equity share of Vedanta held.
Talwandi Sabo Power Ltd (TSPL)
Shareholders received 1 equity share of face value Rs 10 in TSPL for every 1 equity share of Vedanta held, representing the merchant power undertaking.
Malco Energy Ltd (MEL)
Shareholders received 1 equity share of face value Rs 1 in MEL for every 1 equity share of Vedanta held, representing the oil and gas business.
Vedanta Iron and Steel Ltd (VISL)
Shareholders received 1 equity share of face value Rs 1 in VISL for every 1 equity share of Vedanta held, representing the iron and steel undertaking.
The demerger is aimed at creating focused business verticals, unlocking shareholder value, and enabling each business to pursue independent growth strategies and capital allocation plans.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
