Friday, April 24, 2026 4:14 pm
As part of the demerger process, Vedanta Limited will be split into five separate publicly listed companies:
- Vedanta Aluminium
- Vedanta Oil & Gas
- Vedanta Power
- Vedanta Iron & Steel
- Vedanta Limited
This restructuring is aimed at unlocking value and simplifying the overall corporate structure. The ex-date and effective date for the demerger are Thursday, 30 April 2026.
Due to this corporate action, please take note of the following:
- All existing contracts with expiry dates 26 May, 30 June, and 28 July will expire on Wednesday, 29 April 2026 and will be physically settled as per Exchange rules
- The Clearing Corporations will separately disclose the settlement methodology
- No fresh positions will be allowed in the F&O segment from Tuesday, 28 April onward
- VEDANTA positions with insufficient fund value or stock (in case of short positions) will be squared off anytime after 10 AM on Wednesday, 29 April 2026, on a best-effort basis
- Collateral margins on VEDANTA will be subject to a 60% haircut from Tuesday, 28 April 2026 onward
- All MTF positions in VEDANTA will be squared off or converted to delivery, based on fund availability, on a best-effort basis after 10 AM on Wednesday, 29 April 2026
- New F&O contracts on VEDANTA (with expiry 26 May, 30 June, and 28 July 2028) will be introduced from Thursday, 30 April 2026 onwards
You can also refer to the circular here.
Please ensure you take necessary action in your positions ahead of the demerger timeline.
Happy trading,
Team Upstox
