Vedanta Aluminium, Vedanta Power, other group stocks list on Dalal Street after demerger

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Awaiting price reaction for this filing.

AI summary

Four Vedanta Group entities—Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel—listed on NSE and BSE on 15 June, completing the demerger of Vedanta Ltd approved by NCLT. Vedanta Aluminium listed at ₹522 (NSE)/₹527 (BSE), Vedanta Power at ₹41.80/₹41.30, Vedanta Oil & Gas at ₹38/₹39, and Vedanta Iron & Steel at ₹20/₹21. Under the 1:1 demerger scheme, shareholders of Vedanta Ltd receive one share of each demerged company for every share held.