Demerger scheme for Vedanta company to be effective May 1
Vedanta Limited announced that its demerger scheme would become effective from May 1, 2026, resulting in the creation of five separate listed entities focused on different business verticals. After the restructuring, the parent company will continue as Vedanta Limited with its base metals business, while four independent companies - Vedanta Aluminium, Talwandi Sabo Power (to be renamed Vedanta Power), Vedanta Steel and Iron, and Malco Energy (to be renamed Vedanta Oil and Gas) - will operate separately.
Shareholders of Vedanta will receive one share in each of the four demerged entities for every Vedanta share held. The demerger, approved earlier by the National Company Law Tribunal, is intended to unlock value, improve business focus, and enhance sector-specific growth opportunities. The restructuring also involves transfer of BALCO shareholding and certain debentures to Vedanta Aluminium, while the promoter group is expected to retain around half of the shareholding in each new entity.
