Industry Odisha Bureau, Jun 15: Soon after the Indian multinational firm ‘Vedanata Limited’ reportedly completed a major demerger with effect from May 1 this year and reportedly splitting into five independent entities, the final phase marked the four major demerged Vedanta Group companies getting listed on the Indian stock exchanges (NSE & BSE) reportedly today with shareholders reportedly receiving 1:1 shares in each new company.
Reportedly, the four major demerged Vedanta Group companies are: ‘Vedanta Aluminium Metal Ltd (VAML)’, ‘Vedanta Power Ltd (formerly Talwandi Sabo Power Ltd, TSPL)’, ‘Vedanta Oil & Gas Ltd (formerly Malco Energy Ltd, MEL)’, and ‘Vedanta Iron and Steel Ltd (VISL)’, while the fifth demerged one ‘Residual Vedanta Limited’ reportedly “retains Hindustan Zinc Limited (HZL) and other residual operations, acting as a holding and incubator company for future ventures. Vedanta Ltd (Residual) continues to hold a 60.7% stake in HZL, the world’s largest integrated zinc producer.”
So far the ‘listing timeline’, was concerned, media reports had said that the four new entities “were expected to get listed on stock exchanges within four to eight weeks from the record date, likely between mid-June and July 2026, subject to regulatory approvals”.
Accordingly, Vedanta’s CEO had also reportedly confirmed that the “demerged companies would commence trading by mid-June, with some entities emerging as near zero net debt businesses.”
Regarding the ‘Stock Price Adjustment’, media reports had said: “Vedanta shares traded ex-demerger on April 30, 2026, with a sharp adjustment reflecting the value of the separated entities. The combined sum-of-parts valuation is estimated at around ₹820 per share.”
Media reports on ‘Q4FY26 Performance’ had stated: “Vedanta reported strong results with revenue of Rs 52,800 crore (+31% YoY), EBITDA of Rs 18,400 crore (+61% YoY), and APAT of Rs 10,650 crore, supported by aluminium and zinc segments.”
