VEDLNSEVedanta LimitedMediumNeutral
Announced Sat, 16 May · 12:33 IST

Vedanta Limited has informed the Exchange regarding 'Apportionment of cost of acquisition of Equity Shares of Vedanta Limited, Vedanta Aluminium Metal Limited, Talwandi Sabo Power Limited, Malco Energy Limited, and Vedanta Iron and Steel Limited'.

Demerger Ratio AnnouncedStrategic Transactions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹330.00
prior close
₹323.90
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After-mkt
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AI summary

Vedanta Limited has announced the cost apportionment ratios for its shareholders following the demerger that became effective on May 1, 2026. Under the Composite Scheme of Arrangement, four business undertakings (Aluminium, Merchant Power, Oil & Gas, and Iron Ore) were transferred to four separate Resulting Companies. Shareholders received 1 equity share in each Resulting Company for every 1 share held in Vedanta. The cost of acquisition is now apportioned as: Vedanta Limited retains 52.34%, Malco Energy Limited gets 21.49%, Talwandi Sabo Power Limited gets 12.23%, Vedanta Aluminium Metal Limited gets 7.15%, and Vedanta Iron and Steel Limited gets 6.79%. These ratios are based on net worth and net assets of each undertaking as per Income Tax Act provisions.

Likely market impact

Shareholders will use these ratios to calculate their tax cost basis for the new shares received. Existing Vedanta shareholders now hold shares in five companies, with the original Vedanta retaining 52.34% of the original cost basis.