Vedanta Demerger: Record Date Confirmed; Share Allotment Plan Detailed

Vedanta’s board finalised 1 May 2026 as the company’s record date for the demerger. As per the plan, Vedanta Limited will be divided into four different units: Vedanta Aluminium Metal Limited (VAML), Talwandi Sabo Power Limited (TSPL), MALCO Energy Limited (MEL) and Vedanta Iron and Steel Limited (VISL). Further, the board mentioned it has set this as the record date to identify shareholders eligible for consideration under the scheme.

On 21 April 2026, Vedanta Ltd. shares on the National Stock Exchange (NSE) were trading at ₹781.00, up 1.30%.

Key Details Of The Share Allotment Plan

Vedanta stated that each shareholder of the company will get equity shares in all four units in a ratio of 1:1. Here is the complete arrangement plan:

• Aluminium business (VAML): Vedanta Aluminium Metal Limited will issue 1 equity share (₹1 face value) for every 1 Vedanta share (₹1 face value) held.

• Merchant power business (TSPL): Talwandi Sabo Power Limited will issue 1 equity share (₹10 face value) for every 1 Vedanta share held.

• Oil & Gas business (MEL): MALCO Energy Limited will issue 1 equity share (₹1 face value) for every 1 Vedanta share held.

• Iron ore business (VISL): Vedanta Iron and Steel Limited will issue 1 equity share (₹1 face value) for every 1 Vedanta share held.

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Investors’ Takeaway

For investors, this demerger could be a big value-unlocking move. It gives separate market exposure to Vedanta Limited’s aluminium, power, oil & gas, and iron & steel businesses. With 1:1 share allotments in all four units, eligible shareholders may gain from sharper valuations, focused management, and possible upside after listings. Keep a close watch on execution timelines and post-demerger price action.

Source:

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