Four Vedanta demerger firms start trading on Indian bourses

Four new companies spun off from the Vedanta Group began trading on Indian stock exchanges on Monday, June 15, 2026, marking the completion of one of India's largest corporate demergers. The newly listed entities are Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil and Gas, and Vedanta Iron and Steel. They now trade alongside the residual Vedanta Ltd., creating five separately listed companies from the former mining and metals conglomerate.

The listings followed a special pre-open session and were characterized by sharp volatility. Vedanta Aluminium Metal, the largest of the new entities, opened at 527 rupees on the BSE but later fell 5 percent to hit a lower circuit limit of 500.65 rupees. On the NSE, it opened at 522 rupees and closed at 495.90 rupees. Vedanta Power showed relative strength, opening at 41.30 rupees on the BSE and reaching an intraday high of 43.35 rupees before closing slightly lower. Vedanta Oil and Gas and Vedanta Iron and Steel also experienced declines from their opening prices on both major exchanges.

Under the approved 1:1 demerger scheme, shareholders received one share in each of the four new companies for every share they held in Vedanta Ltd. as of...