Vedanta demerger: Why 4 new shares aren't showing in trading apps & how to check credit status

Vedanta demerger: Shareholders of Vedanta Limited are beginning to receive stocks of the company’s newly demerged businesses in their demat accounts. However, many investors are confused because these shares are not visible in their trading apps.

Retail investors are waiting to access shares of entities such as Malco Energy Limited, Talwandi Sabo Power Limited and Vedanta Iron And Steel Limited.

Why are Vedanta demerger shares not visible yet in the trading apps?

Although the shares have already been credited to many demat accounts, they are still awaiting final listing and trading approval from BSE and NSE.

Until the exchanges grant permission for trading, these shares remain temporarily frozen. Because of this, trading apps may not display them normally in portfolios.

Once listing approval is completed, the shares are expected to automatically reflect in trading apps.

What is happening in the Vedanta demerger?

• Aluminium business: Vedanta Aluminium Metal Limited (VAML)

• Power business: Talwandi Sabo Power Limited (TSPL)

• Oil & Gas business: Malco Energy Limited (MEL)

• Iron & Steel business: Vedanta Iron and Steel Limited (VISL)

After the restructuring, investors will effectively hold shares across five separate companies, including the existing Vedanta Ltd.

What shareholders are receiving

• 1 share of VAML

• 1 share of TSPL

• 1 share of MEL

• 1 share of VISL

For example, if an investor held 100 Vedanta shares, they would receive 100 shares each of the four newly created entities.

When will trading begin?

During the company’s Q4 earnings interaction, Vedanta Resources CEO Deshnee Naidoo said listing applications will soon be filed with exchanges.

Vedanta CFO Ajay Goel also indicated that trading in the resulting companies is expected to begin during the first quarter of FY27.

However, exchange approvals and listing formalities take around 45 to 60 days after submission of the listing application.

How shareholders can check whether shares are credited

Investors can verify the allotment status directly through their demat account using the CDSL EASI facility or by contacting their Depository Participant (DP).

EASI (Electronic Access to Securities Information) is an online facility provided by Central Depository Services Limited that allows investors to access their demat account details online.

• Holdings in demat account

• Share credits

• ISIN details

• Transaction status

You can also register for CDSL’s EASI (Electronic Access to Securities Information) facility to easily check your demat account details.

• Click the following link to access the login page: [https://web.cdslindia.com/myeasitoken/Home/Login]

• On the homepage, click on “CDSL”.

• Then, select “To Register for Easi! Click Here” to begin creating your login credentials.

• Enter your 16-digit Demat Account Number.

• Create a password Verification

• Check the box for “I am not a robot.”

• Then clicking "Register" confirms & continue

• Further, do as per instructions.

Once registration is complete, you will receive a confirmation notification from CDSL.

Even if the shares are credited, they may still show as unlisted or non-tradable until stock exchanges approve trading.

What investors should know now

For shareholders, the key thing to understand is that the allotment process and the listing process are different stages. Shares may already be credited to demat accounts, but they cannot be traded until exchanges complete the final listing approval process.

Once BSE and NSE grant trading permission, the newly allotted Vedanta demerger shares are expected to become visible automatically across all trading apps.