Vedanta shares jump up to 4% intraday; what investors need to know today

At the time of writing this news, shares were trading at ₹305.20, up 2.28%.

On April 30, 2026, Vedanta conducted a special trading session for price discovery ahead of its proposed demerger into five separately listed entities, including the existing Vedanta business.

Update on credit of shares

The credit of shares for Vedanta Ltd’s long-awaited demerger is now underway, with several shareholders reporting that shares of newly carved-out entities such as Malco Energy Ltd, Vedanta Iron and Steel Ltd, and Talwandi Sabo Power Ltd have started reflecting in their demat accounts.

Under the demerger scheme, shareholders of Vedanta Ltd are entitled to receive one share each of the four demerged companies for every one Vedanta share held on the record date.

The restructuring will eventually result in investors holding shares across five separate entities, including the existing Vedanta Ltd.

Vedanta Ltd. is being restructured into five independently listed pure-play entities.

This vertical split allows shareholders to receive equity in each new entity, enhancing individual business valuations.

• Vedanta Aluminium (Vedanta Aluminium Metal Limited): Houses the group's massive aluminium and alumina operations.

• Vedanta Oil & Gas (Malco Energy / Cairn): Focuses on the group's upstream oil and gas exploration and production activities.

• Vedanta Power (Talwandi Sabo Power): Manages and operates the conglomerate's coal-based thermal power generation.

• Vedanta Steel & Iron (Vedanta Iron and Steel Limited): Houses the ferrous materials, mining, and steel businesses.

• Vedanta Limited (Residual Entity): Continues to house the lucrative base metals business (including its majority stake in Hindustan Zinc, copper, and international zinc).

Updates on demerged entities' listings

Vedanta, in late April, said that shares of demerged units are expected to list and commence trading by mid-June.

During an investor call on Q4 financial results, Vedanta Resources CEO Deshnee Naidoo said the demerger is now in its final stage.

"In the next week, we will be filing with the exchanges for listing approval. The shares of the resulting companies are expected to list and commence trading by mid-June," she said.

Vedanta Ltd is the Indian arm of Vedanta Resources.

Demerger rationale

Vedanta had earlier said that the demerger will help in simplifying its 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.

Vedanta's financial performance

Anil Agarwal, the founder and chairman of Vedanta Resources, last week said Vedanta Ltd delivered a record financial performance in FY26 and is entering a new phase of restructuring aimed at unlocking value through a planned demerger.

In a letter to shareholders, Agarwal said Vedanta posted its highest-ever profit after tax of ₹25,096 crore on revenue of ₹1,74,075 crore, driven by operational gains across businesses.

Total shareholder return was about 50%, outperforming sector benchmarks, while the company paid a dividend of ₹34 per share.

Vedanta also strengthened its balance sheet, with net debt-to-EBITDA improving to 0.95x, positioning it for greater financial flexibility, the Vedanta chairman said.

The company's demerger, effective May 1, will split Vedanta into multiple sector-focused entities, each with independent growth strategies and capital allocation.

Agarwal said the move is designed to create "globally competitive" businesses with clearer strategic focus and scalability.

"Your company, Vedanta, is embarking on a very exciting new chapter, where strong performance meets exceptional transformation," he said. "The stage is set for the next phase of growth and value creation."

The demerger marks a structural shift aimed at creating independent, sector-focused businesses. "This transformation marks a pivotal step in unlocking value by creating focused, world-class companies, each with sharper strategic clarity and distinct growth pathways," he said.