Vedanta Demerger Set to Take Effect: Trading to Commence Ex-Demerger Today, Special Session to Follow

Vedanta Demerger Set to Go Through on April 30

The much-anticipated Vedanta demerger is set to take place today, April 30, 2026. As a result, Vedanta shares will trade ex-demerger today, marking a significant milestone for the Anil Agarwal-led metals and mining major. The demerger scheme, which has been in the works for some time, will see Vedanta split into five separate publicly listed companies.

According to the demerger scheme, the conglomerate will split into five separate publicly listed companies: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron and Steel, and the existing entity, Vedanta Ltd. The existing company will continue to remain listed as Vedanta Ltd, while four business verticals are proposed to be spun off into separate listed entities.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Note: The pre-demerger value for each entity is not explicitly mentioned in the original text. However, according to analysts, the demerged price for Vedanta shares could be around ₹300 apiece. The residual Vedanta Ltd is likely to open in the ₹300–325 band, anchored largely by its 63.4% stake in Hindustan Zinc, copper, ferro chrome, and the emerging displays venture.

The Vedanta demerger record date has been set as May 1, 2026, Friday. However, May 1 is a stock market holiday in India, and the stock exchanges - BSE and NSE - will remain shut for trading on account of ‘Maharashtra Day’. As a result, Vedanta shares will start trading without demerged entities from today, April 30.

Only shareholders who hold Vedanta shares in their Demat accounts by the close of trading on April 29 are qualified for the demerger benefits. Investors purchasing Vedanta stock on or after April 30 will not be eligible. The Vedanta demerger share entitlement ratio is 1:1, meaning that eligible shareholders will be allotted one share in each of the new entities for every share held in Vedanta Ltd as on the demerger record date.

According to analysts, the demerged price for Vedanta shares could be around ₹300 apiece. The residual Vedanta Ltd is likely to open in the ₹300–325 band, anchored largely by its 63.4% stake in Hindustan Zinc, copper, ferro chrome, and the emerging displays venture. The remaining roughly ₹400 – 475 of pre-demerger value is expected to transfer into the four spun-off entities - Aluminium, Power, Oil & Gas, and Iron and Steel - that shareholders will hold as 1:1 entitlements pending listing over the next four to eight weeks.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

The BSE and NSE will conduct a special price discovery session for Vedanta today, April 30, from 9:15 to 9:45 am, and normal trading will start from 10:00 AM at the ex-demerged price. The price of all four demerged entities of Vedanta Ltd will be calculated based on the difference between the closing prices of Vedanta Ltd on April 29 and the opening price of Vedanta Ltd discovered during the special pre-open session on April 30.

On Thursday, April 29, Vedanta share price ended 4.61% higher at ₹773.25 apiece on the BSE. The demerged shares are expected to list and commence trading by mid-June, according to Vedanta Resources CEO Deshnee Naidoo.