Please refer the enclosed file.
VEDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty 100 and 1.2 pts more than its Metals & Mining peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Vedanta Limited has completed a major demerger effective May 1, 2026, splitting its business into 5 entities. Four business undertakings were transferred to Resulting Companies: Aluminum (to Vedanta Aluminium Metal), Merchant Power (to Talwandi Sabo Power), Oil and Gas (to Malco Energy), and Iron Ore (to Vedanta Iron and Steel). Each shareholder received 1 share in each Resulting Company for every 1 share held in Vedanta. The filing provides cost apportionment ratios for tax purposes: Vedanta Limited retains 52.34% of original cost, while Vedanta Aluminium gets 7.15%, Talwandi Sabo Power 12.23%, Malco Energy 21.49%, and Vedanta Iron and Steel 6.79%. These ratios are based on net worth and net assets as per Income Tax Act provisions. The scheme was sanctioned by NCLT Mumbai in December 2025 and January 2026.
Shareholders now hold shares in 5 listed entities instead of 1, and should use the specified cost ratios for capital gains calculation when selling. The demerger creates five distinct listed companies from Vedanta's former unified structure.