Vedanta Share Price Surges 3% as Demerger Record Date Announced

Vedanta Share Price Hits 52-Week High as Demerger Plan Moves Forward

Vedanta's share price rose over 3% on Tuesday, 21 April, to hit its 52-week high as the company announced the record date for its demerger into multiple entities. The Anil Agarwal-led firm will demerge its operations into four newly independent companies, including Vedanta Aluminium Metal, Vedanta Iron and Steel, Talwandi Sabo Power, and Malco Energy. Talwandi Sabo Power Limited and Malco Energy Limited will be renamed Vedanta Power and Vedanta Oil and Gas, respectively.

The demerger plan, which was approved by the National Company Law Tribunal in December 2025, aims to simplify Vedanta's corporate structure by creating sector-focused, independent businesses. This move is expected to bring sharper operational focus and agility across businesses, while enabling each vertical to pursue its own strategic priorities with greater flexibility.

Under the approved scheme, shareholders holding Vedanta shares as of the record date will receive equity shares in each of the newly created entities in a 1:1 ratio. The details of the demerger are as follows:

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The company also confirmed that non-convertible debentures (NCDs) linked to the aluminium undertaking for specific ISINs will be transferred to Vedanta Aluminium Metal, with May 1, 2026, fixed as the record date to determine eligible debenture holders. Additionally, the company approved the transfer of its shareholding in Bharat Aluminium Company Ltd (BALCO) to Vedanta Aluminium Metal Limited.

Vedanta's share performance has been positive, with the stock jumping as much as 3.1% to its 52-week high of ₹794.90 on BSE in intra-day deals. The scrip has jumped almost 100% from its 52-week low of ₹398.85, hit in May 2025. In the last 1 year, it has advanced 89%.