Vedanta Fixes 1st May as record date for demerger; announces share allotment details
Kanwar Inder Singh/ royalpatiala.in News/ April 21,2026
Vedanta Limited today announced that its Board of Directors has approved key steps to operationalize its previously announced composite scheme of arrangement, marking a significant milestone in the company’s ongoing strategic reorganization.
In a press release issued by Vedanta, said “The Board has fixed 1 st May, 2026 as the effective date and record date for demerger to determine shareholders eligible to receive shares in the resulting entities under the demerger.”
A significant step, the demerger will help in simplifying Vedanta’s corporate structure with sector focussed independent businesses and provide opportunities to global investors, including sovereign wealth funds, retail investors and strategic investors, with direct investment opportunities in dedicated pure-play companies linked to India’s remarkable growth story through Vedanta’s world class assets. It will also provide a platform for individual units to pursue strategic agendas more freely and better align with customers, investment cycles and end markets.
Share Entitlement Details
Eligible shareholders of Vedanta Limited will receive shares in the resulting companies as per the following ratios:
Vedanta Aluminium Metal Limited (VAML):
1 equity share (₹1 face value) for every 1 Vedanta share held
Talwandi Sabo Power Limited (to be renamed Vedanta Power Limited):
1 equity share (₹10 face value) for every 1 Vedanta share held
Malco Energy Limited (to be renamed Vedanta Oil & Gas Limited):
1 equity share (₹1 face value) for every 1 Vedanta share held
Vedanta Iron and Steel Limited (VISL):
1 equity share (₹1 face value) for every 1 Vedanta share held
Key Highlights of the Reorganization:
The demerger will result in the creation of four independent, sector-focused entities across aluminium, power, oil & gas, and iron ore & steel. Talwandi Sabo Power Limited and Malco Energy Limited will be rebranded to Vedanta Power and Vedanta Oil and Gas respectively, to reflect their sectoral focus.
The demerger will allow sharper operational focus and agility, helping the demerged businesses align more closely with their respective market cycles, customer requirements and investment needs. It will also enhance the visibility of individual business performance, making it easier for markets to appropriately value each vertical, thereby unlocking embedded value.
About Vedanta Limited
Vedanta Limited (NSE: VEDL; BSE: 500295) is a global leader in metals, oil & gas, critical minerals, power and technology. The company supplies essential materials that power the global energy transition, emerging technologies and the green economy of the future. Its diversified portfolio supports industrial growth, energy security and technological advancement across global value chains. With operations spanning India, Africa, the Middle East and East Asia, Vedanta is embedded in high-growth geographies shaping the next era of global development. Sustainability anchors the Company’s strategy, guided by strong ESG governance, people-first workplaces, and a commitment to achieving net-zero emissions by 2050 or sooner. By operating at the intersection of resources, technology and human potential, Vedanta is strengthening economies, empowering communities, and creating enduring value for all stakeholders.
