1:5 Split Record Date: Why Vedanta Stock Crash By 65%? Demerger Explained & Vedanta Companies Listing Dates

The Vedanta Ltd demerger record date has arrived on April 30 since the effective date of May 1st is a stock market holiday. On Thursday, Vedanta share price crashed by at least 65% from its previous day. However, investors should not worry about the latest decline in their portfolio, as they are unrealized profit and loss due to the demerger and will be adjusted once the other Vedanta companies are listed. Vedanta Ltd is demerging in the ratio of 1:5.

Vedanta Ltd Demerger Ex-Date:

Vedanta is demerging its business into 5 separate entities with the record date fixed on May 1, 2026. However, the ex-date is on April 30 since May 1st is trading holiday. Vedanta will become these five independent companies:

1. Vedanta Aluminium Metal Ltd (VAML)

2. Vedanta Power Ltd (VPL)

3. Vedanta Oil & Gas Ltd (VOGL)

4. Vedanta Iron and Steel Ltd (VISL)

5. Vedanta Ltd (existing entity)

Vedanta Share Price Crashed On Demerger Ex-Date:

Vedanta share price dropped by nearly 65% to hit an intraday low of Rs 271.50 apiece on BSE, compared to its previous day's closing price of Rs 773.25 apiece.

At the time of writing, Vedanta traded at Rs 276.40 apiece on BSE, down by 4.9% with market cap of Rs 1,08,141.78 crore.

Notably, Vedanta's 52-week high continues to be at Rs 794.90 apiece but its new 52-week low is now at Rs 271.50 apiece due to the demerger. The upper circuit and lower circuit level is at Rs 319.50 and Rs 261.45 apiece respectively.

Vedanta Demerger Impact On Investors Portfolio:

For every 1 stock that eligible shareholders hold of Vedanta Ltd, they will receive 1 new share each in the upcoming four newly formed companies. This means:

As per Kotak Neo, if you hold stocks of Vedanta, you will receive stocks of the newly demerged entities in a 1:1 ratio. You will continue to hold the same number of Vedanta Limited shares. However, the existing share price will be split across all entities based on the company-decided percentage.

Example: Before Demerger

- You hold 100 shares of Vedanta Limited
- Average Price Rs 400 Apiece.

After Demerger:

- You will still continue to hold 100 shares of Vedanta Limited, however, at an adjusted average price.

- But you will also receive 100 shares of Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel.

- During the ex-date, you will witness a sharp decline in the value of your Vedanta portfolio and unrealized profit and loss due to the demerger. However, the decline will be corrected and new stocks will be credited to your demat account within 45 days.

What Will Change After Vedanta Demerger Structure?

As part of the demerger, Vedanta will offload its stake in Bharat Aluminium Company Ltd (BALCO) to VAML. BALCO is Vedanta's top high-quality aluminum producer. The move is to strengthen VAML's position in the market.

Further, the Talwandi Sabo Power Ltd (TSPL) will be renamed to Vedanta Power Ltd. And the Malco Energy Ltd (MEL) will be renamed to Vedanta Oil & Gas.

Apart from this, the scheme also includes several non-convertible debentures which are part of aluminum undertaking. Hence, they will be transferred to VAML.

When Will New Vedanta Companies List?

Analysts at ICICI Direct expect the remaining demerged entities are likely to be listed within 1-2 months following the record date.

Hence, the listing date can be expected in the first week of August 2026.

Should You Buy Vedanta Ltd Share Price?

"The revised sum of the parts (SoTP) valuation for all resulting entities combined is estimated at Rs 820 per share. Thus, we advise investors to HOLD onto the current Vedanta stock and play upon this demerger move as in sum total they stand to gain post listing of all entities," analysts at ICICI Direct said.

Among the demerged companies, analysts believe Vedanta Aluminium stands out as the most attractive entity, with an expected listing valuation of Rs 400+ per share. This is supported by its strong contribution to group revenues and margins, along with favourable industry dynamics such as tight global supply, elevated aluminium prices, and ongoing capacity expansions driving volume growth.

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