Vedanta Sets May 1 as Record Date for Demerger, Announces Share Entitlement Details
The restructuring is designed to enable sharper operational focus and greater agility for each business vertical, allowing them to align more effectively with their respective market dynamics, investment cycles and customer requirements.
Reorganisation to create four sector-focused entities across aluminium, power, oil & gas, and iron & steel
Mumbai: Vedanta Limited has fixed May 1, 2026 as the record date for its proposed demerger, marking a key step in the company’s ongoing strategic restructuring aimed at unlocking value and simplifying its corporate structure.
The decision was approved by the company’s Board of Directors as part of the implementation of its composite scheme of arrangement, which will result in the creation of four independent, sector-focused entities.
Under the approved structure, eligible shareholders will receive shares in each of the resulting companies in a 1:1 ratio. This includes Vedanta Aluminium Metal Limited, Vedanta Power Limited (formerly Talwandi Sabo Power Limited), Vedanta Oil & Gas Limited (formerly Malco Energy Limited), and Vedanta Iron and Steel Limited.
The restructuring is designed to enable sharper operational focus and greater agility for each business vertical, allowing them to align more effectively with their respective market dynamics, investment cycles and customer requirements.
Vedanta stated that the move will enhance transparency and improve the visibility of individual business performance, enabling investors to better assess and value each segment independently. The demerger is also expected to open up direct investment opportunities for a wider pool of investors, including sovereign wealth funds, retail investors and strategic partners.
The four newly structured entities will operate across key sectors including aluminium, power, oil and gas, and iron ore and steel, reflecting Vedanta’s diversified portfolio of natural resources and energy businesses.
The company said the reorganisation aligns with its broader strategy of strengthening its position across global value chains while supporting India’s growth story through its resource and energy assets.
Vedanta Limited is a global player in metals, oil and gas, critical minerals, power and technology, with operations spanning India, Africa, the Middle East and East Asia.
