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Palak Jain

15th Jun · SEBI-Registered Analyst

Vedanta Demerger Listing: Aluminium, Oil and Gas, Iron & Steel stocks hit lower circuits on Debut; Power stock emerges as outlier

VEDL
: Vedanta Ltd's much-awaited demerger into five separate listed entities came into effect during the June 15 trading session, marking a major milestone in the conglomerate's restructuring journey. Following the demerger, shareholders of Vedanta received shares in four newly created companies: Vedanta Aluminium Metal Ltd, Vedanta Oil & Gas Ltd, Vedanta Power Ltd, and Vedanta Iron & Steel Ltd.

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