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Vedanta Demerger LIVE Updates: The much-anticipated Vedanta demerger is set to go through today, 30 April 2026. Vedanta shares will trade ex-demerger today, Thursday. The Anil Agarwal-led metals and mining major will be demerged into five separate publicly listed companies.

According to the Vedanta 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 will continue to remain listed as Vedanta Ltd.

Vedanta will also transfer its stake in Bharat Aluminium Company Ltd (BALCO) to Vedanta Aluminium Metal Ltd

Vedanta demerger record date has been set as 1 May 2026, Friday. The company’s board of directors have fixed May 1 as the demerger record date for determining the shareholders eligible to receive shares in the newly carved-out businesses.

Vedanta demerger effective date has also been fixed as 1 May 2026.

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’. Hence, Vedanta shares will start trading without demerged entities from today, 30 April onwards. This means 30 April is the ex-date for Vedanta demerger.

As India follows T+1 settlement cycle, the last day for buying Vedanta shares to be eligible for the demerger benefits, was at least one trading day before the ex-date (April 30). Therefore, 29 April 2026 was the last day to buy Vedanta shares to avail the demerger benefits.

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.

Vedanta demerger share entitlement ratio is 1:1. This means that under the scheme of arrangement, Vedanta shareholders will receive equity shares in the four newly demerged businesses in a 1:1 ratio. This implies 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.

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, namely: Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron and Steel.

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.

Analysts expect the remaining roughly ₹400 – 475 of pre-demerger value transfers 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. Vedanta demerged shares listing timelines are not yet officially announced.

The BSE and NSE is conducting 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.

As May 01 is a stock market holiday, the special pre-open session (SPOS) is being held today on April 30, 2026, for price discovery.

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 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.

Vedanta is being split into five separate publicly listed companies. The existing entity will continue to remain listed as Vedanta Ltd, while four business verticals are proposed to be spun off into separate listed entities -

> Talwandi Sabo Power Ltd: To be renamed as Vedanta Power Ltd

> Malco Energy Ltd: To be renamed as Vedanta Oil and Gas Ltd

> Vedanta Aluminium Metal Ltd (VAML)

> Vedanta Iron and Steel Ltd

Vedanta will file with stock exchanges next week for listing approval of its demerged entities, with shares expected to list and commence trading by mid-June, Vedanta Resources CEO Deshnee Naidoo said during an Investor Call after Vedanta Q4 results announcement.

Stay tuned to this segment for the live updates on Vedanta demerger.

There is no fixed listing timeline post demerger, as approvals and procedural requirements can take a few weeks to complete. Recent precedents indicate that listing timelines can range from ~3 weeks to several months, depending on regulatory and operational factors. In the case of Vedanta, each demerged entity will need to undergo separate approval processes, following which listings are expected to take place. As per Nuvama Alternative’s assessment, given the scale of the demerger, listings should ideally be completed within 4–8 weeks at most.

However, Vedanta will file with stock exchanges next week for listing approval of its demerged entities, with shares expected to list and commence trading by mid-June, Vedanta Resources CEO Deshnee Naidoo said during an Investor Call after Vedanta Q4 results announcement.

No. As per the current methodology, a stock needs to have at least six month trading history to even qualify for derivative inclusion. After fulfilling all the quantitative qualification criteria for the derivative inclusion, the stock will need SEBI approval (which is quite subjective).

The demerged entities of Vedanta will be additional constituent in Nifty Next 50 and other broader indices. The static market-cap will be considered in daily weight calculations of Index. However, demerged entities are not traded live so their market-cap and price will remain constant until they list. Post their listing for three trading days, live market-cap will be considered to calculate weight in all the indices.

The price of all four Vedanta’s demerged entities will be calculated based on the difference between the closing prices of Vedanta Ltd on April 29th, 2026, which is ₹773.25 apiece, and open price of Vedanta Ltd discovered during the SPOS (special pre-open session) on April 30th, 2026, which is ₹290.50 apiece on the BSE.

Therefore, the price of all four Vedanta’s demerged entities would be ₹482.75.

Vedanta’s all F&O contracts expired on April 29. It has been reintroduced on April 30 at 10:00 AM IST. Vedanta’s demerged entities will not automatically be introduced in derivatives.

As per the current methodology, a stock needs to have at least a six month trading history to even qualify for derivative inclusion. After fulfilling all the quantitative qualification criteria for the derivative inclusion, the stock will need SEBI approval (which is quite subjective).

Vedanta share price fell over 6% after the special price discovery session for ex-demerger price. Vedanta stock price declined as much as 6.10% to ₹272.10 apiece as against its discovered price of ₹289.50 on the NSE. On BSE, Vedanta stock price dropped as much as 6.54% to ₹271.50 apiece from its discovered price of ₹290.50.

Vedanta share price appeared to plunge 63.8% to around ₹280 on NSE on Thursday, April 30, during a special pre-open session. However, this sharp fall is purely technical and does not reflect any destruction of investor wealth, as the stock adjusted for its demerger.

The decline comes as Vedanta began trading on an ex-demerger basis, meaning the stock price now excludes the value of its four newly carved-out businesses. For investors, this is a standard adjustment seen in corporate restructurings, where the parent stock price resets while shareholders receive proportional value in separate listed entities.

Special session sets Vedanta ex-demerger price at ₹289.50 apiece on NSE.

Special session sets ex-demerger price for Vedanta shares at ₹290.50 apiece

Among the demerged businesses, Vedanta Aluminium stands out as the most attractive entity, with an expected listing valuation of ₹400+ per share. This is supported by its strong contribution to group revenues and margins, along with favourable industry dynamics such as tight global supply, elevated aluminium prices, and ongoing capacity expansions driving volume growth, said ICICI Direct.

In the special price discovery session, Vedanta share price was trading around ₹346.50 apiece on the BSE, and around ₹314.90 apiece on the NSE.

A look at Vedanta demerger details. (Source: Company, ICICI Direct, note: Star denotes demerged entities to be listed)

Vedanta’s stock price is expected to adjust for the demerger and trade in the range of ₹300-325 per share, according to ICICI Securities. On April 29, Vedanta share price ended 4.61% higher at ₹773.25 apiece on the BSE.

Vedanta Ltd, a subsidiary of Vedanta Resources, is diversified natural resources conglomerate with presence across aluminium, zinclead-silver, oil and gas, power, iron ore, steel, ferroalloys, and copper. It operates India’s largest primary aluminum metal capacity ~2.8 MTPA. Also, the company is world’s largest zinc and lead producer with mined metal capacity of ~1.2 MTPA and 4th largest silver producer globally.

Vedanta will file with stock exchanges next week for listing approval of its demerged entities, with shares expected to list and commence trading by mid-June, Vedanta Resources CEO Deshnee Naidoo said during an Investor Call after Q4 results.

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.

As May 01 is a stock market holiday, the special pre-open session (SPOS) is being held today on April 30, 2026, for price discovery.

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 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.

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.

Analysts expect the remaining roughly ₹400 – 475 of pre-demerger value transfers 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.

Vedanta is being split into five separate publicly listed companies. The existing entity will continue to remain listed as Vedanta Ltd, while four business verticals are proposed to be spun off into separate listed entities -

> Talwandi Sabo Power Ltd: To be renamed as Vedanta Power Ltd

> Malco Energy Ltd: To be renamed as Vedanta Oil and Gas Ltd

> Vedanta Aluminium Metal Ltd (VAML)

> Vedanta Iron and Steel Ltd

Vedanta demerger share entitlement ratio is 1:1. This means that under the scheme of arrangement, Vedanta shareholders will receive equity shares in the four newly demerged businesses in a 1:1 ratio. This implies 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.

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, namely: Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron and Steel.

As India follows T+1 settlement cycle, the last day for buying Vedanta shares to be eligible for the demerger benefits, was at least one trading day before the ex-date (April 30). Therefore, 29 April 2026 was the last day to buy Vedanta shares to avail the demerger benefits.

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.Ankit Gohel is the Deputy Chief Content Producer at Livemint, specialising in financial markets, macroeconomics, and regulatory developments. With a strong focus on equity markets, primary issuances, and policy-driven market movements, he brings clarity to complex financial developments for investors and market participants.

With nine years of experience in business and financial journalism, Ankit’s approach is rooted in the belief that market reporting should go beyond headlines — connecting data, policy, and ground realities to deliver actionable insights. His work consistently bridges the gap between institutional analysis and investor understanding.

Ankit has spent three years at Livemint, where he currently helps drive market coverage, editorial strategy, and high-impact financial stories. Prior to this, he worked with leading business news networks such as CNBC-TV18, ET Now, TickerPlant News Service where he built deep expertise in stock market analysis, macroeconomic trends, primary markets, and coverage of key regulators including the RBI and SEBI.

Over the years, he has covered market cycles across bull and bear phases, IPO booms, liquidity shocks, and major policy shifts that reshaped investor sentiment. He has interviewed fund managers, corporate leaders, and policymakers, translating their perspectives into sharp, data-backed narratives. Ankit combines speed with accuracy — ensuring timely, credible, and insight-driven financial journalism that empowers both retail and institutional audiences.

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