Shares of Anil Agarwal-led Vedanta gained over 2% to their day's high of Rs 317 on the BSE on Monday as the four companies carved out under its mega demerger are scheduled to list later in the day.
The listing marks a key milestone in Vedanta's restructuring plan announced in April. Under the scheme, eligible shareholders received one share in each of the four newly created entities for every Vedanta share held.
The exercise, among the largest corporate restructurings in India's metals and mining sector, had May 1 as the record date for the demerger.
Read More: Vedanta Demerger Live Updates
Vedanta demerger entities
Vedanta Aluminium - India's largest aluminium producer, plans to double its capacity to 6 million tonnes and aims to strengthen its position as one of the world's lowest-cost producers.
Vedanta Oil & Gas - Built around the group's Cairn assets, it is targeting production of 300,000-500,000 barrels per day, backed by a planned investment of $5 billion. The company is currently India's largest private-sector upstream oil and gas producer.
Vedanta Power - It enters the market with 4.2 GW of operational generation capacity and a 12 GW expansion pipeline. The company has also outlined plans to diversify into hydropower and nuclear energy alongside conventional thermal generation.
Vedanta Iron & Steel - It is expected to focus on expanding green steel and speciality steel production, leveraging the group's raw material linkages and infrastructure assets.
All four stocks have been placed in the Trade-to-Trade (T2T) segment, where every transaction results in compulsory delivery. The shares of these Vedanta demerged entities will participate in a special pre-open session meant for newly listed companies before regular trading commences.
Vedanta Q4 snapshot
The Anil Agarwal-led group reported a 92% year-on-year jump in consolidated net profit to Rs 6,698 crore for the January-March quarter of FY26, compared with Rs 3,483 crore a year ago. Revenue from operations rose 47% YoY to Rs 24,609 crore during the same period.
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