$VEDL

The four demerged businesses of Vedanta Group are expected to make their stock market debut on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Monday. In addition to the already listed Vedanta Ltd, shares of four newly created entities — Vedanta Aluminium Metal (VAML), Vedanta Oil & Gas (VOGL), Vedanta Power, and Vedanta Iron & Steel (VISL) — will commence trading on the Indian exchanges. The long-awaited demerger is expected to unlock significant value for shareholders by allowing each business to operate independently and raise capital based on its own growth strategy. It also offers investors the flexibility to gain exposure to specific sectors through dedicated pure-play companies. The demerger received approval from the National Company Law Tribunal (NCLT) in December last year. Under the approved 1:1 demerger scheme, shareholders will receive one share of each newly demerged company for every share held in Vedanta Ltd. During the investor call following the company's fourth-quarter earnings announcement, Vedanta Resources CEO Deshnee Naidoo stated that the demerged entities were expected to begin trading by mid-June.