Vedanta Demerger: BIG update for shareholders before listing

Vedanta Demerger: The listing of Vedanta Ltd's four demerged entities is drawing closer, with the group completing key corporate formalities ahead of their expected stock market debut.

In a regulatory filing on June 9, Vedanta said the Registrar of Companies (RoC) under the Ministry of Corporate Affairs (MCA) has approved the change in name of its oil and gas business from Malco Energy Limited to Vedanta Oil and Gas Limited with effect from June 9, 2026.

"Accordingly, the name of the Company hereby stands changed to 'Vedanta Oil and Gas Limited' with effect from June 9, 2026," the company said in its exchange filing.

The development comes days after Vedanta announced a similar name change for its power business. On June 3, the company said the RoC had approved the renaming of Talwandi Sabo Power Limited to Vedanta Power Limited, effective June 3, 2026.

The latest changes are part of the group's preparations for the listing of its demerged businesses under the ongoing restructuring plan.

Vedanta demerger enters final phase

Vedanta shares have been trading ex-demerger since April 30, 2026, following a special trading session held to determine the value of the residual listed entity after the proposed spin-off.

Under the approved demerger scheme, Vedanta's businesses are being separated into five independent companies, including the existing Vedanta Ltd. Shareholders of Vedanta have received shares in four demerged entities in a 1:1 ratio.

After the restructuring, the Vedanta group will consist of five focused businesses:

• Vedanta Ltd (Residual Entity)
• Vedanta Aluminium
• Vedanta Oil & Gas
• Vedanta Power
• Vedanta Iron and Steel

The company has said the move is aimed at creating pure-play businesses with dedicated management teams and clearer value discovery for investors.

What remains with Vedanta Ltd

Following the five-way split, the residual Vedanta Ltd will continue as the parent company and retain some of the group's key metals and mining assets.

These include its controlling stake in Hindustan Zinc, zinc international operations, copper assets, ferro-chrome businesses and several incubating ventures.

In its recent business update, Vedanta said the post-demerger company is evolving into a focused critical minerals and strategic metals player, with exposure to zinc, silver, copper, ferrochrome, nickel and other critical mineral assets.

When will the new companies list?

The four demerged entities are expected to be listed on the NSE and BSE by mid-June 2026, subject to regulatory approvals and exchange clearances.

Shares of the demerged companies are credited into the shareholders' demat account before the start of trading, but they are frozen until the compliance checks are done by the exchanges and the final approval for listing is given. Such listings generally take place within 30 to 45 days of the record date but it depends on the regulatory processes and exchange approvals.

The renaming of the oil and gas and power businesses is considered as another step towards the completion of the demerger process and setting up the newly created entities for their independent market debut.